SBI Life Leads Gains, Infosys Slips as Indian Markets Rally for Fifth Straight Day

The Indian stock market extended its winning streak for the fifth consecutive day on March 21, 2025, with the Sensex closing at 76,905.51, up 557.45 points (0.73%), and the Nifty 50 ending at 23,350.40, gaining 159.75 points (0.69%). SBI Life Insurance Company emerged as the top gainer, surging 3.21% to close at ₹1,546.40. Other top performers included NTPC (up 3.29%), ONGC (up 2.72%), Bajaj Finance (up 2.67%), and BPCL (up 2.56%).

On the flip side, Hindalco Industries led the losers, declining 1.51%, followed by Infosys (down 1.43%), Wipro (down 1.39%), and Trent (down 1.37%). The market rally was supported by strong performances in the oil & gas, media, and telecom sectors, buoyed by institutional buying and a favorable policy outlook.

In terms of traded value, TBO Tek (₹889.07 crore), Manappuram Finance (₹144.86 crore), and Vijaya Diagnostic (₹96.77 crore) were among the most active stocks. The broader market continued to outperform the benchmark indices, with 48 out of 50 Nifty stocks giving positive returns for the week.

Source: Compiled from Economic Times, Moneycontrol, and Angel One reports