Stock Market Today: Sensex, Nifty Settle At Over Two-Month High As HDFC Bank, Infosys Shares Lead

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• Benchmarks ends higher for the third consecutive day

• Nifty closes above 25,400 mark, led by Eternal and HDFC Life

• Sensex close above 83,000 mark

• Nifty Midcap 150 ends slightly higher for the day.

• Nifty Midcap 150 close higher for 10th consecutive day, best streak since December, 2024.

• Nifty smallcap 250 ends flat for the day, led by TV18 Broadcast and Netweb Tech

• Nifty smallcap 250 close higher for the 5th consecutive day

• Sectoral Indices end on mixed note.

• Nifty pharma gains over 1.5% for the day, Best performing sector for the day.

• Biocon and Laurus Labs gains the most in Nifty Pharma

• Nifty IT and Nifty Auto gain higher for the 3rd consecutive session

• Nifty Financial Services gain higher for the 11th consecutive session.

• Nifty Bank gains higher for the 10th consecutive session.

• Nifty FMCG snaps 4-day losing streak.

• Nifty Oil and Gas gain for the 7th consecutive day

• Nifty Realty snaps 6-day gaining streak.

• Nifty PSU Bank snaps 3-day gaining streak.

• Rupee closed 32 paise weaker at 88.13 against US Dollar

• It settled at 87.82 on Wednesday

Source: Cogencis

Tata Investment Corp share price jumped 7.16% to Rs 7,545.5 apiece. It was trading 6.44% higher at Rs 453 apiece as of 2:56 p.m.

UBS Global Research hiked Avenue Supermarts Ltd.'s target price and maintained a Buy rating on the stock because of its strong growth outlook. The brokerage said that DMart is a compounding growth story while stock provides a favourable risk-reward ratio.

UBS Global Research raised the target price to Rs 5,600 from Rs 5,050. The current target price is implying a 19% upside from Wednesday's close price.