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Stock Market Today: Nifty, Sensex Rebound From Three-Day Slump As Robust GDP Data Boosts Sentiment

<div class="paragraphs"><p>The NSE Nifty 50 and BSE Sensex were trading higher in Monday's session as India's robust economic growth boosted risk-on sentiment amid tariff tension. (Photo: Freepik)</p></div>
The NSE Nifty 50 and BSE Sensex were trading higher in Monday's session as India's robust economic growth boosted risk-on sentiment amid tariff tension. (Photo: Freepik)
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The NSE Nifty 50 and BSE Sensex ended near day's high as better-than-expected economic growth reassured investors' about India's resilience in the face of external turmoil. Reliance Industries continued to decline after unveiling Jio initial public offer plan. Ola Electric Mobility and CG Power And Industrial Solutions share prices jumped during the session.
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Stock Market Today: Nifty, Sensex Rebound From Five-Day Decline 

  • Benchmarks underperformed Broader Market Indices

  • Nifty Auto, Metal and IT lead the gains in Nifty

  • Nifty snaps 3-day losing streak, close above crucial 24,600 mark.

  • Mahindra & Mahindra, Bajaj Auto and Tata Motors gain the most in Nifty.

  • Nifty Midcap 150 snaps 6-day losing streak, led by Aditya Birla Fashion, Tube Investment and Gujarat Gas.

  • Nifty Smallcap 250 snaps 3-day losing streak, led by Kaynes, TV18 Broadcast and Eclerx Services

  • All sectoral indices gain in trade, barring Nifty Media and Nifty Pharma.

  • Nifty Auto gains over 2.5% for the trade, best performing sector for the day.

  • Samvardhan Motherson, Exide Industries and Bajaj Auto gain the most in Nifty Auto

  • Nifty Realty, PSU Bank, Oil and Gas, IT, Metal and Auto gain over 1% for the trade.

  • Nifty Auto, Metal, IT, and Oil and Gas snaps 3-day losing streak.

  • Nifty PSU Bank snaps 7-day losing streak, led by Union Bank of India, Indian Bank.

  • Nifty Realty snaps 3-day losing streak, led by Sobha, Oberoi Realty and MacroTech Developers.

  • Nifty Financial Services snaps 5-day losing streak, led by REC, Muthoot Finance and PFC.

  • Nifty Bank snaps 5-day losing streak, led by IndusInd Bank, Axis Bank and PNB Bank.

  • Nifty FMCG gains for the 2nd consecutive session.

  • Nifty Pharma lose for the 4th consecutive session.

Stock Market Today: Nifty, Sensex Rebound From Three-Day Slump As Robust GDP Data Boosts Sentiment

Rupee Closes Flat Against US Dollar

  • Rupee closed flat at 88.20 against US dollar

Source: Bloomberg


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