Sensex settles 2,975 points up while Nifty 971
Mumbai May 12: In the Indian stock market, the bulls took over Dalal Street today. Both the benchmark domestic equity indices ended at their highest closing levels of 2025, buoyed by the ceasefire agreement between India and Pakistan, and positive global cues, including the announcement of trade truce between the United States and China. The 30-share index at the Bombay Stock Exchange, Sensex, rallied 2,975 points, or 3.74 percent to close at 82,430. The National Stock Exchange Nifty-50 zoomed 917 points, or 3.82 percent to settle at 24,925.
The broader market indices at the BSE showcased a stellar performance. The Mid-Cap index surged over 3.8 per cent, and the Small-Cap index jumped more than 4.1 per cent.
In the Sensex pack, 28 out of 30 companies edged higher. Among the top gainers, Infosys skyrocketed over 7.9 percent, HCL Tech surged over 6.3 percent, and Tata Steel added more than 6.1 percent. The two laggards were, IndusInd Bank which slid over three and half percent, and SunPharma slipped 3.3 percent.
In sectoral indices at the BSE, all 21 sectors ended in positive territory. Among the top gainers, Information Technology as well as Focused IT, both jumped over 6.7 percent each, Realty gained over 5.8 percent, and Metal as well as Teck, both increased over 5.2 percent each.
The overall market breadth at the BSE was positive as shares of 3,545 companies advanced, 576 declined, and shares of 133 companies remained unchanged. At the National Stock Exchange, 47 companies hit their 52-week high, while 24 companies hit their 52-week low.