The Nifty 50 rose 82.30 points, or 0.34%, to close at 24,168.00, while the BSE Sensex gained 254.36 points, or 0.33%, to settle at 77,409.98.
The broader market also strengthened, with the Nifty MidCap rising 0.41% and the Nifty SmallCap gaining 0.44%, showing healthy participation beyond large-cap stocks.
Investors remained cautious ahead of the US Federal Open Market Committee’s decision, expected to keep rates steady in the 3.5–3.75% range, with focus shifting to future policy guidance on inflation and growth.
Impact On The Stock Market
Sector-wise performance was mixed but tilted positive:
- Outperformers: Nifty PSU Bank, Nifty Healthcare, Nifty Realty, Nifty Consumer Durables
- Underperformer: Nifty IT (lagged behind the broader market)
| Sector/Index | Performance |
| IT & BPM sector | -1.19% |
| Healthcare sector | 0.98% |
| Oil & Gas sector | 0.00% |
| Real estate sector | 0.69% |
| PSU Bank in India | 0.66% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Max Healthcare | 1,090.45 | 6.27 |
| Interglobe Aviation | 5,011.80 | 2.73 |
| Trent | 3,179.70 | 2.48 |
| Bharat Electronics | 428.60 | 2.08 |
| Adani Enterprise | 3,013.40 | 2.08 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Infosys | 1,127.50 | -2.61 |
| TATA Cons. Prod | 1,111.40 | -1.16 |
| Maruti Suzuki | 13,484.00 | -1.07 |
| Tech Mahindra | 1,447.70 | -1.01 |
| TCS | 2,203.30 | -0.89 |
Market aftermath: Impact on stocks
Defence stocks surge on record production boost
Defence stocks were among the strongest performers after India reported record defence production of ₹1.78 lakh crore in FY26.
Paras Defence and Space Technologies surged nearly 12% to ₹1,217.70, while Hindustan Aeronautics Limited rose 3.58% to ₹4,408. Bharat Dynamics also gained 4.25%, reflecting strong investor confidence in domestic manufacturing growth.
The government also highlighted a 15.6% annual increase in production and a sharp rise in exports to ₹38,424 crore, reinforcing long-term growth visibility for the sector.
IDBI Bank jumps on heavy block deals and divestment hopes
IDBI Bank surged over 17% after large block deals worth millions of shares triggered strong institutional activity. The stock hit a three-month high as volumes spiked nearly 28 times compared to the previous session.
Investor sentiment also improved on expectations that the government’s strategic divestment plan remains on track for FY27, adding to bullish momentum in the counter.
Yes Bank extends rally to multi-session high
Yes Bank continued its upward momentum, rising over 5% and extending gains for the fourth straight session. The stock hit a near two-year high intraday, supported by strong trading volumes and improving technical indicators.
The rally also comes alongside strategic partnerships aimed at expanding digital lending and credit access, strengthening long-term growth expectations.
Crude oil trends
Crude oil prices moved lower as markets priced in expectations of higher global supply following a proposed US-Iran peace agreement.
- Brent crude: $78.71 (-0.32%)
- WTI crude: $75.69 (-0.47%)
- MCX crude futures also declined marginally in early trade
The expected reopening of the Strait of Hormuz and easing geopolitical tensions are likely to improve global supply flows. However, Goldman Sachs noted that recovery may be gradual, with flows potentially returning to only 70% of pre-conflict levels initially.
Conclusion
Indian markets ended higher, supported by strong gains in defence, PSU banks, healthcare, and consumer sectors, while IT remained the only major laggard. Defence production hitting record highs, coupled with heavy buying in IDBI Bank and Yes Bank, boosted sentiment. Meanwhile, easing crude oil prices added macroeconomic comfort.
Going forward, investors will closely track global central bank signals, oil supply recovery through the Strait of Hormuz, and domestic policy momentum to assess whether this rally can extend further beyond current resistance levels.
