Sensex regains 83,600 mark, Nifty settles above 25,630
Indian stocks snapped a three-day losing streak on Monday, with the Sensex trading at 83,687.74 at 1:10pm with an intraday high of 83,754.49, and the Nifty reaching 25,633.
The rally came as global markets improved and renewed foreign investor buying, boosted by hopes that the US government shutdown might get resolved soon.
Midcap and smallcap stocks shine
Tech heavyweights like Infosys, HCL Tech, and Wipro led the gains, along with Grasim and Asian Paints.
About half of NSE stocks rose today—including midcaps and smallcaps like National Aluminium and Nykaa—showing broad positivity across sectors.
Q2 earnings from major players awaited
Vodafone Idea and Reliance Power were among the most traded stocks.
With several shares hitting new highs (and some lows), all eyes now turn to upcoming Q2 earnings from big names like Bajaj Finance and ONGC.
There's a sense of cautious optimism in the air as global trends stay supportive.