Stock Market Today: Nifty, Sensex Rise For Second Consecutive Session; HDFC Bank, M&M Contribute Most

• The NSE Nifty 50 and BSE Sensex rose for second session in a row

• The Nifty 50 and Sensex ended 0.47% and 0.37% higher, respectively.

• Mahindra & Mahindra Ltd., HDFC Bank Ltd., and Reliance Industries Ltd. added to the Nifty 50 index.

• Kotak Mahindra Bank Ltd., State Bank of India, and Axis Bank Ltd. weighed on Nifty 50 index.

• The NSE Nifty Auto rose the most, while the NSE Nifty Bank declined the most.

• The NSE Nifty Midcap 150 ended 1.58% higher at 20,049.15

• The NSE Nifty Smallcap 250 ended 1.13% higher at 15,528.30

• Rupee closed 31 paise stronger at 84.25 against US dollar

• It closed at 84.56 a dollar on Friday

Source: Bloomberg

Tatva Chintan Pharma Chem receives an export order worth Rs 29.95 crore for the supply of specialty chemicals.

Markets in eurozone were trading on a mixed note as market participants remained on the sideline awaiting earnings and policy decisions from central banks. The US Federal Reserve and the Bank of England will announce their policy decision later this week.

Novo Nordisk, BMW, Maersk and Commerzbank will release their earnings.

The Euro Stoxx 60 and CAC 40 were trading 0.01% and 0.58% down, respectively. DAX was trading 0.34% higher as of 2:44 p.m.

The government is working on its stake sale in IDBI Bank and expects it to complete by the end of 2025, said M Nagaraju, Secretary of Department of Financial Services.

"It's on track and the process is on. We will finalise as per the time schedule which will be in this calendar year," Nagaraju told reporters on the sidelines of an event hosted by National Housing Bank.

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