Steady Gains: Nifty 50 Index Moves Higher, Extends 0.5% Rise in Afternoon Session

Key Highlights

• Intraday performance: The index sustained positive momentum, building on earlier gains and signaling strong investor sentiment.
• Sectoral drivers: Banking, IT, and energy stocks led the rally, while FMCG and auto counters traded mixed.
• Market sentiment: Investors are positioning ahead of Q3 earnings announcements, with optimism around India’s domestic demand and fiscal stability.
• Global backdrop: Despite cautious global cues, India’s equity markets remain resilient, supported by robust corporate earnings outlook.
• Index significance: As India’s flagship benchmark, Nifty’s movement continues to set the tone for broader equity market trends.