Synopsis : Indian equities extended gains for a second straight session, supported by strength in IT and healthcare stocks. The rally remains selective, with investors favouring growth pockets amid mixed global cues.
Indian stock markets maintained their upward trajectory on Thursday, marking a second consecutive session of gains as buying interest in technology and select heavyweights lifted benchmarks higher.
The BSE Sensex opened over 140 points stronger and was trading up more than 150 points in morning deals, while the NSE Nifty 50 hovered comfortably above the 25,500 mark. The positive start mirrored strength in global tech shares, following supportive cues from Wall Street.
Adani Ports, Infosys Among Top Movers
Among the key gainers were Adani Ports and Infosys, both benefiting from renewed investor interest in export-oriented and technology-driven stocks. The broader IT pack saw steady buying, reinforcing the index’s upward momentum.
Healthcare and midcap stocks also participated in the rally, reflecting selective risk-taking by investors.
Sectoral Performance: Positive but Measured
Market sentiment remained mildly constructive rather than aggressively bullish:
IT and healthcare led gains
Midcap segments showed steady traction
FMCG, media and realty witnessed mild pressure
Most other sectors traded marginally higher
The overall breadth suggested a stable undertone, with investors rotating toward growth-oriented segments rather than adopting a broad-based risk-on strategy.
Global Cues Mixed
International markets offered a mixed backdrop:
S&P 500 futures dipped 0.1%
Japan’s Topix rose 1.2%
Australia’s S&P/ASX 200 gained 0.6%
Hong Kong’s Hang Seng remained largely flat
Shanghai Composite slipped 0.2%
Euro Stoxx 50 futures were little changed
Despite the mixed global picture, domestic equities displayed resilience, supported by sectoral leadership in IT and healthcare.
Outlook
With earnings season progressing and global macro factors in focus, analysts expect markets to remain range-bound but positive, driven by stock-specific action and selective sectoral strength.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Investors should consult certified financial professionals before making any investment decisions.
.jpg)