Closing Bell: Nifty hits 23,700, turns positive for 2025; Sensex gains 1,079 points

Biggest Nifty gainers included Kotak Mahindra Bank,

, , , , while losers were , ,!IndusInd Bank, , . BSE Sensex and Nifty50 indices crossed 78,000 and 23,700 respectively for the first time since February 6. Market opened strong with Nifty above 23,500, extending gains on six consecutive session and witnessed more buying as the day progress but final hour selling erased some of the intraday gains. At close, the Sensex was up 1,078.87 points or 1.4 percent at 77,984.38, and the Nifty was up 307.95 points or 1.32 percent at 23,658.35. Nifty Defence Stocks Surge 40-180% in FY25 Top Performers In FY25, the Nifty index posted a modest gain of around 5%, with the Nifty Defence sector emerging as the top performer, soaring by approximately 35%. Out of the 16 stocks in the Nifty Defence index, 10 recorded gains of over 15%, while 6 lagged behind. We spotlight seven standout Nifty Defence stocks that significantly outperformed the index, with gains ranging from 40% to 180% in the current fiscal year. In FY25, the stock price surged by 178%, rising from Rs 932 to Rs 2,591. In FY25, the stock price increased by 123%, climbing from Rs 765 to Rs 1,702. In FY25, the stock price gained 65%, advancing from Rs 872 to Rs 1,438. !paras Defence and Space Technologies In FY25, the stock price rose by 64%, from Rs 612 to Rs 1,001. In FY25, the stock price grew by 49%, moving from Rs 957 to Rs 1,422. In FY25, the stock price climbed by 48%, from Rs 876 to Rs 1,293. In FY25, the stock price increased by 47%, from Rs 202 to Rs 296.