Nifty, Sensex close flat with a positive bias, snap six-week losing streak


Sensex Today | Stock Market Highlights: On Thursday, the market ended flat but with a positive bias, supported by select financials while weakness in midcaps kept the market breadth in favour of declines. The Sensex added 58 points to close at 80,598, while the Nifty rose 12 points to end at 24,631. The Nifty Bank advanced 160 points to 55,342, but the Midcap index fell 177 points to 56,504. Gains in IT and select financial names offset losses in metals.

Sensex Today | Stock Market Highlights: Indian equity markets broke a six-week losing streak this week, with benchmark indices recovering last week’s losses. The Sensex, Nifty, and Midcap index each rose around 1%, while the Nifty Bank gained 0.6%. Barring FMCG, all sectoral indices ended higher, with pharma stocks leading the rally. Nearly 40 Nifty stocks posted weekly gains, with Apollo Hospitals, Eternal, and Cipla among the top performers. In the midcap segment, Alkem Laboratories, Paytm, Jindal Stainless, Nykaa, and Uno Minda emerged as notable gainers.

HDFC Life extended its rally on Thursday, rising 2% on continued positive sentiment, while Wipro and Infosys gained 2% each on order wins. Muthoot Finance surged 10% to a record high after posting a strong first-quarter performance, prompting buying in peers such as Manappuram Finance, which climbed 4%. Info Edge rose 4%, tracking an upmove in Eternal, while Ashok Leyland gained 2% after reporting healthy Q1 earnings.

On the downside, Max Healthcare fell 4% after a miss in quarterly earnings, NMDC dropped over 4% as the metals pack came under pressure, and PI Industries extended its losses from earlier in the week despite maintaining its growth outlook. In the primary market, JSW Cement made a subdued debut, ending its first trading session with a marginal decline.



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