Sensex Today | Stock Market Highlights: Reliance Industries was the top contributor to the Nifty, advancing 3% on reports linked to Jio tariff changes. Auto stocks also rallied as reports suggested China may lift restrictions on rare-earth magnets. Tata Motors, Bajaj Auto, Hero MotoCorp, Samvardhana Motherson, and Sona BLW were among the top gainers in the sector.
The Sensex closed 371 points higher at 81,644 while the Nifty rose 104 points to settle at 24,981, slipping below the 25,000 mark after crossing it intra-day for a second straight session. The Nifty Bank gained 130 points to 55,865, while the Midcap index surged 551 points to 57,665.
Reliance Industries was the top contributor to the Nifty, advancing 3% on reports linked to Jio tariff changes. Auto stocks also rallied as reports suggested China may lift restrictions on rare-earth magnets. Tata Motors, Bajaj Auto, Hero MotoCorp, Samvardhana Motherson, and Sona BLW were among the top gainers in the sector.
New-age stocks continued to attract buying interest, with Eternal and Paytm rising sharply. Textile companies gained after the government removed duty on cotton imports, with Raymond jumping 11%. Jayaswal Neco climbed 10% on heavy volumes, while PNB Housing Finance advanced 4% as the stock exited the F&O ban list amid short covering.
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