Indian Stock Market Today: Intraday Rally on Banking Earnings & Global Cues
Sensex opened at 78,903.09 (↑0.45%) and Nifty 50 rose to 23,949.15 (↑0.41%), fueled by strong Q4 results and robust FII inflows.
Market Overview
- Bank Nifty hit a record high above 55,000.
- Domestic financials led, with ICICI Bank +2.1% and HDFC Bank +0.9%.
- Foreign investors added over $1.5 billion to equities this week.
Sector & Stock Movers
Top gainers were Tech Mahindra, Axis Bank, HDFC Bank, Infosys, SBI, and IndusInd Bank, while laggards included Adani Ports, ITC, Bharti Airtel, Titan, HUL, and Sun Pharma.
Global & Currency Cues
Asian markets traded mixed (Nikkei –1.16%, Kospi +0.12%, Hang Seng +1.6%), while the rupee was set to open between 85.15–85.20 per USD amid dollar weakness.
Bond Yields & Technical Outlook
The benchmark 10‑year yield fell to 6.3709%, its lowest since December 2021, supporting equities. Technical charts show Nifty holding above key moving averages, signaling sustained bullish momentum.
What’s Next?
With Q4 earnings still rolling in and global cues evolving, watch for continued volatility. Key levels to track: Sensex at 79,500 and Nifty at 24,200 for potential breakouts.
— Stay tuned for live updates and expert analysis on your trusted financial blog.
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