Share Market Report: Sensex and Nifty Extend Winning Streak for Third Consecutive Day

In a continuing bullish trend, both the Sensex and Nifty indices notched up gains for the third straight day, primarily propelled by robust performances in the auto, metal, and banking sectors. The S&P BSE Sensex surged by 328 points to close at 73,105, while the NSE Nifty50 climbed 114 points to settle at 22,218.

Individual Stock Performances

Among the 30 stocks constituting the Sensex, notable gainers included M&M (3.76%), L&T, JSW Steel, NTPC, IndusInd Bank, and Sun Pharma. Conversely, TCS, Nestle, Axis Bank, ICICI Bank, Bajaj Finance, and ITC witnessed declines.

Market Breadth and Sectoral Performance

In the broader market, the BSE Midcap index rose by 1.14%, while the BSE Smallcap index advanced by 1.8%.

Sector-wise, Nifty Metal emerged as the top performer, posting a robust gain of 2.77%, closely followed by Nifty Auto and Oil & Gas, both recording an uptick of 1.8%. Positive movements were also observed in Nifty PSU Bank, Consumer Durables, and Realty sectors, each registering a 1% climb. Conversely, Nifty FMCG and Pharma sectors experienced marginal declines of 0.5% each.

Recap of Previous Session

In the preceding session on Monday, the S&P BSE Sensex closed at 72,776, marking a gain of 112 points, while the NSE Nifty50 ended at 22,104, up by 49 points.