Nifty 50 Stages Dramatic Comeback: Erases Losses, Inches Up 0.01% Amid Volatile Session!

India's benchmark Nifty 50 index (.NSEI) has wiped out intraday losses, closing marginally higher by 0.01% around 25,874, reflecting resilient investor sentiment despite early dips and global cues. This recovery highlights broad-based buying in key sectors, with the index rebounding from lows near 25,822 to stabilize above prior close. Trading volume surged, underscoring market depth as 29 of 50 constituents advanced.​

Key Market Highlights

Index Performance: Nifty 50 opened at 25,864, hit a high of 25,948 and low of 25,822, settling up 34.55 points or 0.13% from previous close of 25,839.65, with turnover exceeding ₹7,359 crore.​

Top Gainers: Eicher Motors surged 2.28% to 7,285; M&M rose 1.43% to 3,688; Hindalco climbed 1.40% to 824; Max Health gained 1.08% amid healthcare rally.​

Top Losers: Eternal dropped 1.85%; IndiGo fell 0.95%; TCS declined 0.69%; HDFC Bank shed 0.51%, dragging banking slightly.​

Sector Snapshots: Metals and autos led advances with JSW Steel up 3.06% earlier; IT mixed as Wipro gained modestly; 48 Nifty stocks showed advances in snapshots, signaling broad recovery momentum.​

Technical Outlook: Index nears 52-week high of 26,326, with support at 25,800; resistance at 26,000 amid small negative candles on daily charts, per expert views.​

Sources: NSE India , Investing.com.