On Thursday, the top gainers in the market were UltraTech Cement Ltd., Zomato Ltd., Mahindra & Mahindra Ltd (M&M), Sun Pharmaceutical Industries Ltd, and Tech Mahindra Ltd. UltraTech Cement led the gainers with a 6.81 percent surge to ₹11,422.70, driven by optimism over infrastructure spending in the cement sector. Zomato shares rebounded by 2.52 percent to ₹221.90. M&M saw a gain of 2.03 percent to close at ₹2,885.35, while Sun Pharma added 2.01 percent to finish at ₹1,834.05. Tech Mahindra rounded out the top five gainers with a 1.86 percent increase, closing at ₹1,714.80.
On the other hand, the top losers on Thursday were State Bank of India (SBI), Reliance Industries Ltd, HCL Technologies Ltd, Kotak Mahindra Bank Ltd, and Power Grid Corporation of India Ltd. SBI was the biggest loser, falling by 0.97 percent to ₹745.95 due to profit-booking. Reliance slipped 1.05 percent to ₹1,263.85, HCL Technologies shed 1.06 percent to ₹1,807.95, Kotak Mahindra Bank declined 1.18 percent to ₹1,894.60, and Power Grid closed 1.19 percent lower at ₹294.30.
Overall, the Sensex and Nifty saw a modest recovery on Thursday amid cautious sentiment in the markets. The BSE Sensex ended 0.15 percent or 115.39 points higher at 76,520.38, while the NSE Nifty gained 0.22 percent or 50 points to close at 23,205.35. Selective buying in IT and cement stocks supported the day’s gains, while concerns around the upcoming Union Budget and the ongoing corporate earnings season kept broader market sentiment in check.
