On Thursday, Bharti Airtel Ltd, Titan Company Ltd., Tata Consultancy Services Ltd., Hindustan Unilever Ltd., and Infosys Ltd. emerged as the top gainers in share prices.
Shares of UltraTech Cement Ltd., Bajaj Finance Ltd., and IndusInd Bank Ltd. were among the laggards for the day.
The BSE Sensex rallied strongly, surpassing the 76,000 mark for the first time since February. The BSE Sensex closed 1.19 per cent or 899.01 points higher at 76,348.06, while the NSE Nifty gained 1.24 per cent or 283.05 points to close at 23,190.65.
Bharti Airtel led the gains with a 4.17 per cent surge to ₹1,704.95, followed by Titan Company with a 3.82 per cent increase to ₹3,192.80. TCS gained 1.88 per cent to close at ₹3,562.80, while Hindustan Unilever added 1.86 per cent to finish at ₹2,241.80. Infosys completed the top five gainers with a 1.74 per cent increase, ending at ₹1,614.15.
On the other hand, IndusInd Bank was the biggest loser, dropping 1.23 per cent to ₹683.80, followed by Bajaj Finance which declined 0.66 per cent to ₹8,679.80. UltraTech Cement fell marginally by 0.15 per cent to ₹10,917.80.
The market rally was driven by the US Federal Reserve’s dovish stance and improved market sentiment. All major sectoral indices traded positively as markets reacted to the Fed’s unchanged projection for two rate cuts in 2025. The rally was broad-based, with the benchmark indices surging for the fourth consecutive session.
