Shares of Tata Consumer Products, IndusInd Bank, Zomato, Titan and Trent led the gainers of Nifty 50 components, while BEL, Nestle India, Hindalco, UltraTech Cement and Dr Reddy’s Laboratories depreciated.
All sectoral indices traded in green, showcasing mixed trends with realty and consumer durables leading the market tide. Oil & gas and metal stocks showed resilience.
Equity benchmark indices traded higher intraday, but the uncertainty of Trump’s reciprocal tariffs seems to keep gains in control. On the domestic front, manufacturing sector growth rose to an eight-month high in March.
Sensex soared 460.40 pts or 0.61 per cent to trade at 76,484.91 at 12.45 pm, and Nifty 50 gained 124.95 pts or 0.54 per cent to 23,290.65.
Top gainers & losers
Shares of Tata Consumer Products rallied 7.19 per cent to ₹1,063.55 at 12.56 pm, after hitting an intraday high of ₹1,073.15. The stock gained momentum after Goldman Sachs upgraded the ratings to buy from neutral at a revised target price of ₹1,200.
IndusInd Bank shares followed with a 2.81 per cent gain to ₹701.85.
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Zomato, recently added to Nifty 50 index, soared 1.88 per cent to ₹205.80.
Titan Company shares rose 2.41 per cent to ₹3,059 and Trent shares were up 1.63 per cent to ₹5,667.90.
On the flip side, Bharat Electronics slumped 4.18 per cent to ₹279.80. It had hit an intraday low of ₹274.45.
Nestle shares followed with a 1.46 per cent dip to ₹2,201.35.
Hindalco stock fell 1.62 per cent to ₹653 and UltraTech declined 1.52 per cent to ₹11,205.25.
Pharma major Dr Reddy’s Laboratories declined 1.10 per cent to ₹1,139.55.
Of all the 2,788 stocks that were traded on the National Stock Exchange, 1,913 advanced and 809 declined. About 31 stocks hit 52-week highs such as Aavas Financiers and Gallantt Ispat, and 40 stocks hit 52-week lows (Bajaj Electricals, Central Bank of India and IOB.
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Baazar Style Retail, Vakrangee, Mangalam Organics and Shree Vasu Logistics were among the 205 stocks that hit upper circuit.
On the BSE, DB Realty and VMART led the gainers with over 11 per cent rally.
