HomeMarket NewsStock Market Highlights: Nifty ends nearly 300 points off the day’s low above 24,600 led by HDFC Bank, RIL
Stock Market Highlights: Indian equity markets staged a sharp comeback in the final hour of trade on Thursday, with the Nifty bouncing back nearly 250 points from the day’s low of 24,344 to close at 24,596, up 22 points. The Sensex also added 79 points to end at 80,623, as broader markets surged and market breadth turned neutral after a weak start. Reports of Russian President Vladimir Putin’s potential visit to India appeared to trigger a late recovery in sentiment, pushing the Nifty back above the 24,600 mark.
Stock Market Highlights: More than 30 Nifty constituents ended the session in the green, with IT, metals, and auto stocks leading the rebound. The Nifty Bank index rose 110 points to 55,521, while the Midcap index gained 189 points to close at 56,938.
Among individual stocks, Hero MotoCorp rose 4% after reporting in-line Q1 earnings and outlining a strong launch pipeline. Bajaj Auto recovered 3% from intraday lows to end nearly 1% higher on positive management commentary. Eternal gained 1%, rebounding 5% from the day’s low following block deals involving nearly 2% equity.
Lupin rose 4% after upbeat management commentary post its Q1 results, while NCC extended Wednesday’s rally to close 3% higher on a positive business outlook. Fortis Healthcare also climbed over 3% after reporting a healthy set of numbers in the first quarter, and Blue Star rose 3% as it reiterated its revenue and margin guidance for FY26. NSDL hit the 20% upper circuit, building on its strong listing day performance, with market capitalisation now exceeding ₹22,000 crore.
On the flip side, Adani Enterprises and Adani Ports were the top Nifty laggards, each falling 2%. Trent lost 1% despite reporting better-than-expected margins due to cost controls, while BHEL tumbled 5% after posting a Q1 loss versus Street expectations of a profit.
