Smart rally on D-Street: Nifty scales close to 24,600; Sensex rallies 700 points – 5 Key highlights

The Indian stock market ended Monday on a positive note, with both the Sensex and Nifty closing higher. The Sensex finished at 80,604.08, rising by 0.93%, while the Nifty wrapped up at 24,585.05, also up 0.91%.

Banking stocks joined the rally as the Nifty Bank gained 0.78%, closing at 55,432.65.

Let’s dive into the key highlights shaping today’s market momentum.

Top movers

Today’s trading saw several stocks make significant gains. Tata Motors led the charge alongside names like Eternal, Trent, SBI, UltraTech Cement, and Axis Bank – all of which contributed to the upbeat mood in the Sensex 30 index.

Key laggards

On the flip side, a few heavyweight stocks lagged behind. ICICI Bank, Bharat Electronics (BEL), and Bharti Airtel slipped.

ALSO READStocks making the biggest moves midday: Reliance Infrastructure, Tata Motors, Adani Enterprises and more Spotlight on midday movers

Several large-cap names dominated attention during the session. Reliance Infrastructure rebounded with a 2% gain after recent troubles. Adani Enterprises bounced back strongly, climbing 5% after a string of losses.

Tata Motors rallied on renewed confidence from management addressing rare earth supply concerns. Voltas faced pressure following a subdued Q1 report, forecasting only modest growth for FY26.

Similarly, PG Electroplast continued to struggle, down 13% after a sharp price correction last Friday.

Top sectors in Monday’s trade

Among sectoral performances, plastics led with a 2.6% rise in market capitalisation. Non-alcoholic beverages, shipping, and internet & e-commerce sectors, each gaining around 2%.

ALSO READJSW Cement IPO subscription surges but GMP nosedives: Find out why? 5 ‘must-know’ details ahead of allotment Best and worst performing business group

On the corporate front, the Bhartia Group topped the charts with a notable 4.7% increase in market cap, closely followed by the MP Birla Group with nearly 4% growth. Apollo Hospitals and the Adani Group also posted gains of 2.7% and 2.3%, respectively, while Anil Ambani group saw a 2.2% rise.

Conversely, KK Birla Group’s market cap dipped around 1.7%, Nagarjuna Group dropped just below 2%, and the Garware Group faced the steepest decline, losing 5% of its market value.

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