Sensex closed at 83,467.66, up 862.23 pts or +1.04%
Nifty 50 ended at 25,585.30, gaining 261.75 pts or +1.03%
FMCG names like Nestle India led gains as its Q2 results beat expectations
Private banks also rallied strongly — Kotak Mahindra Bank jumped ~2.67%
Among laggards: IndusInd Bank slipped slightly (–0.16%) even in this strong session
Tech counters like HCL Technologies showed strength, rising ~1.28%
Broad-based rally: All major sectors were in the green, led by banks, FMCG, autos, realty
Surge driven by renewed FII inflows, positive earnings cues, and global sentiment tailwinds
Rupee also strengthened, giving additional support to sentiment
Resistance for Nifty: ~ 25,650 – 25,700 zone
Key support: ~ 25,400 – 25,300
Watch Q2 results of major IT & industrial names, and further FII flows
Strong rally today — bulls are back! Stay tuned for tomorrow’s market cues. Don’t forget to like, share & subscribe for daily market shorts
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