Sensex and Nifty Gain for Fifth Session: Top Gainers and Losers List

Indian equity markets extended their winning streak on Thursday, with both the BSE Sensex and NSE Nifty50 closing higher for the fifth consecutive session. This upward momentum was largely driven by cooling global crude oil prices and renewed geopolitical optimism following a peace deal between the US and Iran.

Market Indices Performance and Global Triggers

The benchmark BSE Sensex climbed 254.36 points, or 0.33%, to settle at 77,409.98. Similarly, the NSE Nifty50 gained 82.30 points, or 0.34%, closing at 24,168.

The positive sentiment was bolstered by a significant drop in Brent crude, which fell 2.23% to USD 77.78 per barrel. This decline helped ease concerns regarding energy-driven inflation. Furthermore, the signing of a Memorandum of Understanding (MoU) between the US and Iran aimed at ending long-standing conflicts provided a much-needed boost to investor confidence.

However, the gains were somewhat capped by hawkish commentary from the US Federal Reserve. Analysts noted that while lower oil prices are beneficial, the Fed's cautious stance on potential interest rate hikes due to inflationary pressures has led to a degree of cautiousness among institutional investors.

Top Gainers and Losers in Nifty50 and Sensex

The trading session saw a divergence between sectoral performances, with healthcare and aviation leading the charge while IT stocks faced significant selling pressure.

Nifty50 Performance:

  • Top Gainers: Max Healthcare led the pack with a massive 6.27% jump, followed by InterGlobe Aviation (2.74%), Trent (2.48%), Adani Enterprises (2.09%), and BEL (2.09%).
  • Top Losers: The IT sector struggled, with Infosys leading the decline at -2.61%. Other notable losers included Tata Consumer (-1.17%), Maruti Suzuki (-1.08%), and Tech Mahindra (-1.01%).

BSE Sensex Performance:

  • Top Gainers: InterGlobe Aviation (2.74%), Trent (2.48%), BEL (2.09%), NTPC (1.81%), and SBI (1.58%) were the standout performers.
  • Top Losers: Infosys (-2.61%) and Maruti Suzuki (-1.08%) were among the primary laggards, alongside Tech Mahindra (-1.01%) and TCS (-0.89%).

The bullish sentiment was not limited to large-cap stocks; the broader market also showed strength. The BSE SmallCap Select index rose by 0.43%, while the MidCap Select index gained 0.33%. On the BSE, a total of 2,419 stocks advanced, significantly outpacing the 1,814 stocks that declined.

In terms of institutional activity, Foreign Institutional Investors (FIIs) remained net buyers, purchasing equities worth Rs 101.59 crore on Wednesday, according to exchange data. While utilities, healthcare, and power sectors led the gains, the IT and energy sectors faced headwinds throughout the day.

Key Takeaways

  • Consistent Gains: Both Sensex and Nifty50 have recorded five consecutive days of positive closing marks.
  • Global Catalysts: Easing geopolitical tensions in West Asia and a 2.23% drop in Brent crude prices acted as primary drivers for the rally.
  • Sectoral Split: Healthcare, aviation, and utilities emerged as leaders, while the IT sector faced heavy selling pressure led by Infosys.