The Indian stock market showed resilience today, with the Nifty index recovering from an initial dip of 76.75 points to gain 134.70 points, currently trading at 24,894.25, reflecting a modest increase of 0.23%. The index remains 3.11% shy of its 52-week high of 25,669.35. Notably, the Nifty is trading above both its 50-day and 200-day moving averages, indicating a bullish trend.
The SENSEX also posted gains, trading at 81,207.17, up by 223.86 points or 0.28%. The advance-decline ratio across the BSE500 was favorable, with 344 stocks advancing compared to 154 declining, resulting in a ratio of 2.23x. Mid-cap stocks led the market, with the Nifty Midcap 100 rising by 0.83%.

Among the top gainers in the BSE500, KIOCL surged by 20.00%, followed by Aegis Logistics at 11.92%. Conversely, Tata Investment Corporation faced a decline of 5.36%, while Sun TV Network and Max Healthcare dropped by 4.04% and 3.82%, respectively. The metal sector emerged as the top performer, gaining 1.85%, while the Nifty Realty sector saw a slight decline of 0.12%.