Nifty 50 Ends Higher: Bulls Regain Control With 1.23% Rally

Inside the announcement  
According to Mint and Trading Economics, the Nifty 50 surged as investors returned to buying after three consecutive sessions of losses. Reliance Power, GMDC, MCX, Paytm, JSW Steel, CDSL, and Tata Power were among the top gainers. The rally was broad-based, with mid- and small-cap stocks outperforming, signaling renewed investor confidence.  

Analysts noted that the weaker US dollar boosted sentiment in commodity-linked sectors, particularly metals, while strong global equity performance added momentum. The rally positions the benchmark indices close to record levels, with traders eyeing further gains if global conditions remain supportive.  

Notable updates  
• Nifty 50 provisionally ended 1.23% higher; Sensex up 1.21%  
• Biggest intraday jump in five months after three days of losses  
• Top gainers: Reliance Power, GMDC, MCX, Paytm, JSW Steel, CDSL, Tata Power  
• Metals and power stocks led the rally, aided by weaker US dollar  
• Mid- and small-cap stocks outperformed, boosting overall market sentiment  

Major takeaway  
The sharp rebound underscores resilience in Indian equities, with sectoral strength and global cues driving momentum. With indices nearing record highs, investors are optimistic about sustained gains, though volatility may persist around global macroeconomic developments.  

Sources: Mint, Trading Economics