In a robust trading session, the BSE 500 index recorded a modest one-day return of 0.29%, reflecting a positive sentiment across the market. Advancing sectors outnumbered declining ones significantly, with 31 sectors gaining ground compared to just 7 that faced losses, resulting in an impressive advance-decline ratio of 4.43.
Leading the charge was the NIFTYPSUBANK sector, which surged by 1.54%, driven primarily by a notable performance from Pun. & Sind Bank, which rose by 3.92%. The NIFTYMEDIA sector also showed strength, climbing 0.87%, with Prime Focus contributing a solid 2.49% to its gains. The OILGAS sector followed closely, up by 0.80%, bolstered by a 2.16% increase in B P C L shares.

Conversely, the BSE IT sector faced challenges, declining by 0.36%, with TVS Electronics leading the downturn at -5.16%. The NIFTYIT sector also struggled, down 0.34%, impacted by Mphasis, which fell by 2.30%. The METAL sector rounded out the laggards with a 0.25% drop, primarily due to a significant decline of 3.03% in Adani Enterprises.

Overall, the market displayed resilience, with strong performances in several sectors overshadowing the losses in others.