The Sensex rose 27 points to close at 78,520, while the Nifty gained 11 points to settle at 24,365. The Nifty Bank index edged up 17 points to 56,582, but the midcap index fell 107 points to 59,791, reflecting continued pressure in the broader market. The advance-decline ratio stood at 1:2, indicating declines outpaced gains.
Heavyweights such as SBI, ICICI Bank, JSW Steel, M&M and NTPC were among the top contributors to the Nifty’s gains. ICICI Bank rose nearly 1%, while HDFC Bank slipped around 1% following its Q4 results.
Sectorally, PSU banks emerged as the top performers, while IT stocks remained under pressure. Oil marketing companies including HPCL, BPCL and IOC gained up to 2% as Brent crude slipped below $95 per barrel.
Among stocks, Sterling & Wilson Renewable Energy surged 9% after securing solar EPC orders worth ₹3,550 crore, while Zee Entertainment rose over 8% after approving an investment in Phantom Digital Effects. BHEL gained nearly 3% on reporting 18% growth in FY26 turnover.
On the downside, IEX dropped over 8% after CERC released draft norms on market coupling, while Mastek fell 4% after a sequential decline in profit. Yes Bank also slipped 2%, giving up early gains despite reporting strong quarterly results.
Meanwhile, the rupee weakened by 20 paise to close at 93.12 against the US dollar, reflecting cautious sentiment in currency markets.
