Indian equity markets ended on a strong note, with Nifty 50 closing at 24,774.30, up 390.70 points (+1.60%), reflecting broad-based buying interest across large-cap stocks. Market breadth remained firmly positive, with 2,360 stocks advancing, 1,027 stocks declining, and 118 remaining unchanged, highlighting widespread participation in the rally. On the sectoral front, Nifty IT (+3.28%) emerged as the top performer, followed by Private Bank (+1.90%), FMCG (+1.72%), Metal (+1.54%), Auto (+1.48%), and Financial Services (+1.36%), indicating strength across both defensive and cyclical segments. Nifty Media (-3.09%) was the only major laggard, while Healthcare and Pharma posted modest gains. The benchmark traded in a relatively narrow range for most of the session before a sharp buying surge into the close, pushed it to the day’s high.
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