On Friday, the stock market witnessed a continuous rally for the eighth consecutive session. The Sensex closed with a gain of 356 points at 81,905, and the Nifty closed at the 25,114 level. Auto, IT, and Pharma stocks showed strength, while the FMCG sector experienced profit-booking. Experts suggest that long positions in the market are benefiting and a bullish trend is expected to continue in the near future.
Share Market Today: The Indian stock market experienced a rally for the eighth consecutive trading day on Friday. The Sensex closed with a gain of 356 points at 81,905, and the Nifty 50 closed with a gain of 108.5 points at 25,114. IT and Banking sectors remained b, while the performance of small-cap stocks was also better. Experts believe that the market is under the control of bulls and the probability of returns for long-term investors is b, while eyes remain on tariffs and company earnings.
Market Trend and Key Sectors
Today, gains were observed in the IT and Banking sectors. Stocks in the Banking sector saw an upward trend, while the IT index also performed well. Shares of Auto and Pharma sectors provided strength to the market. Conversely, profit-booking was evident in the FMCG sector. Small-cap company shares were quite active today and their performance was better.
The Nifty traded in a range of 101 points during the day and closed at the 25,114 level. The Sensex also concluded the day with a gain of 434 points. Today's trading was encouraging for investors, and significant activity was seen in the shares of several major companies.
Investor Confidence Boosted Amidst Strong Rally
According to Shivangi from Motilal Oswal Financial Services, a b momentum is visible in the index. Market indicators are currently in favor of buying. Manish Chokani of Enam Holdings stated that investors are deploying funds in sectors where earnings and growth are clearly visible. Opportunities exist in the domestic economy, and government initiatives are helping to boost consumption.
Harsha Upadhyaya, CIO of Kotak Mahindra AMC, commented that the market is in an improving phase. He highlighted two key indicators at present: firstly, the sentiment related to US tariffs, and secondly, company earnings. If these indicators turn positive, the Indian stock market could witness a new rally.
Key Figures Today
Today, the Sensex closed 356 points higher, and the Nifty registered a gain of 108.5 points. Along with the gains in the Banking and IT sectors, shares of Auto and Pharma sectors also provided strength to the market. Small-cap stocks delivered good returns today.
Today's session was encouraging for investors, and the market demonstrated a bullish trend for the eighth consecutive day. Trading volumes and the strength of key sectors supported the market.
