Equity benchmarks made a turnaround from early losses and traded higher during the mid-day session on Thursday, with metal stocks leading the gains. The BSE Sensex rose by 251.22 points or 0.34% to 73,981.45, while the NSE Nifty increased by 98.50 points or 0.44% to 22,435.80 by 12.30 PM.
Market breadth remained positive with 2,910 stocks advancing and 920 declining on the BSE. Trading volumes showed that 3,971 stocks were traded, while 141 remained unchanged. Additionally, 47 stocks reached 52-week highs and 73 touched 52-week lows.
The broader market outperformed the benchmarks, with Nifty Next 50 rising by 740.10 points or 1.25% to 60,181.75. The Nifty Midcap Select index also gained by 55.70 points or 0.50% to reach 11,224.20.
Bank and financial stocks showed modest gains, with Nifty Bank up by 79.55 points or 0.16% at 48,569.50 and Nifty Financial Services rising by 49.55 points or 0.21% to 23,100.15.
Among the top gainers on NSE were Asian Paints, surging by 3.69% to ₹2,244.10, followed by BPCL, Tata Steel, Coal India, and Hindalco. On the losing side, Trent declined the most, followed by Tech Mahindra, HDFC Life, Tata Consumer Products, and HDFC Bank.
The market recovery was supported by the RBI’s liquidity measures and US President Donald Trump’s decision to delay auto tariffs. Circuit filters were triggered for 290 stocks hitting the upper circuit and 158 touching the lower circuit during the session.
Global factors, such as oil prices remaining under pressure below $70 per barrel, continued to influence trading, providing some relief to import-dependent sectors of the Indian economy.
