Market Closing Bell: Sensex ends with a gain of 182 points, Nifty back above 24,600
New Delhi: Market Closing Bell: Equity benchmarks indices, Sensex and Nifty, ended Wednesday’s session on a positive note amid a decline in both global and domestic risks. The Sensex surged 182.34 points or 0.22 per cent to settle at 81,330.56 against the previous close of 81,148.22. During the day, it touched a high of 81,691.87. The Nifty 50 ended the session at 24,666.90, 88.55 points or 0.36 per cent higher than the previous close. During the day, it climbed 189.2 points to 24,767.50. The Nifty had closed at 24,578 in the last session on Tuesday.
Among sectors, all the leading sectoral indices ended in the green, with the Nifty Metal Index surging the most, gaining 2.46 per cent.
The broader markets too ended in the green, with the Nifty Midcap 100 index zooming 1.11 per cent to 56,136.40 points and the Nifty Smallcap 100 index climbed 1.44 per cent to 17,147.45 points at the end of the session.
According to experts, market optimism has gained momentum in April 2025, amid retail inflation easing to a near six-year low of 3.1 per cent.
“The broader markets are on an upswing, supported by a strengthening recovery in local demand, as reflected in the March quarter corporate earnings. This has sparked a rally in mid- and small-cap stocks, which had underperformed earlier due to premium valuations, earnings downgrades, and moderation in foreign institutional investor (FII) and Retail inflows. Currently, Midcaps are witnessing renewed interest, fuelled by marginal upgrades in recent earnings and the potential for a stronger rebound in FY26. Contributing factors include a consistent decline in inflation, rising disposable incomes, increased government spending, and falling interest rates. Meanwhile, a pause in global trade tensions is boosting sentiment in international markets, with metals gaining traction amid easing concerns over an economic slowdown,” said Vinod Nair, Head of Research, Geojit Investments LimitedVinod Nair, Head of Research, Geojit Investments Limited
From the Sensex 30 pack, Tata Steel, Eternal and Tech Mahindra, Mahindra & Mahindra and Maruit were among the gainers, with Tata Steel zooming over 7.91 per cent.
Asian Paints, Tata Motors, and Kotak Bank were among the laggards, with Asian Paints falling 1.78 per cent.
