The traded 688.15 points higher at 85,114.49 in afternoon trade on Thursday, maintaining its position above the 85,000 mark it crossed during the opening session, while the gained 189.10 points (0.73 per cent) to 26,057.70, driven by continued buying in information technology stocks.
The 30-share BSE Sensex opened at 85,154.15 against the previous close of 84,426.34 and was trading 0.82 per cent higher as of 1 pm. The broader market showed strength with 2,062 stocks advancing against 2,008 declining stocks on the BSE, where 4,260 stocks were traded. As many as 198 stocks touched their 52-week highs, while 45 hit 52-week lows.
IT stocks dominated the gainers list on the Nifty50, with rising 4.75 per cent to ₹1,542.40, advancing 3.63 per cent to ₹1,539.90, and climbing 2.80 per cent to ₹3,091. added 2.13 per cent to ₹246.50, extending the sector’s rally that began in the morning session.
emerged as a non-IT gainer, rising 2.72 per cent to ₹714.15, reflecting strength in financial services stocks. The Nifty Financial Services index gained 0.60 per cent to 27,701.80, while the Bank Nifty advanced 0.72 per cent to 58,424.90, adding 417.70 points.
On the losing side, declined 1.19 per cent to ₹6,935, fell 1.14 per cent to ₹2,020.30, and dropped 1.07 per cent to ₹5,849.50. shed 0.77 per cent to ₹1,462.10.
Sectoral indices reflected the market’s positive momentum, with the Nifty Midcap 100 index rising 0.55 per cent to 59,734.70 and the Nifty Next 50 gaining 0.46 per cent to 69,840.55. Market breadth remained balanced with 178 stocks hitting upper circuit limits and 135 touching lower circuits.
The sustained buying follows optimism over a potential India-US trade agreement that could reduce tariffs on Indian exports to 15-16 per cent, supporting the benchmark indices as traders await further cues ahead of the market close.