Stock Market Today: Nifty, Sensex End Higher After One-Day Blip; JSW Steel, Tata Steel Top Gainers

-Rupee closed flat at 88.79 against the US dollar.

-It closed at 88.79 a dollar on Wednesday.

Source: Bloomberg

Benchmarks slightly underperform Broader Market Indices

Nifty close near 25,200

All sectoral Indices gained in Trade

Nifty Metal gains over 2% in Trade; emerges as the best performing sector for the day.

JSW Steel and Tata Steel gains the most in Nifty

Sona BLW Precision and Prestige Estates gain the most in Nifty Midcap 150

Usha Martin and GMDC gain the most in Nifty Smallcap 250

Nifty Metals, Nifty FMCG & Nifty Media snaps its 3 day losing streak

Nifty financial services & Nifty Bank gains 7 times in last 8 trading session

Nifty IT continues to gain for second consecutive day

Gains in Nifty Metals were led by Hindustan Zinc & Hindustan copper

As per the UK Defence department, a £350m deal set to deliver UK missiles for the Indian Army. This collaboration on electric-powered engines for naval ships, worth £250 million. To deliver UK-manufactured Lightweight Multirole Missiles.

The stocks in focus will be Bharat Dynamics, Bharat Electronics, Solar Defence, L&T, Cochin Shipyard, Garden Reach, Mazagon Dock

Signatureglobal (India) Ltd., has approved a major fundraising initiative. The company's exchange filing confirmed the decision.

They will issue 87,500 Non-Convertible Debentures (NCDs). The total value of these debentures is Rs 875 crore. This issuance will be executed on a private placement basis.

The top gainers in the Nifty 50 pack was JSW Steel, HCL Tech as of 2:07 p.m. Names like Tata Steel, SBI Life, Indigo also marked notable gains.

The counters trading in red were Tata Motors, Axis Bank and Maruti Suzuki.