Nifty Gains 133 Points as Services Sector Leads Rally
- Markets closed green with Nifty up 133.80 points at 22,555.75 and Sensex adding 472.77 points to reach 72,382.47.
- The Services sector was the star performer, jumping over 3%, followed by Media and Trading which both gained more than 2%.
- Energy was the biggest laggard, dropping nearly 1.3%, while Healthcare sectors also saw mild selling pressure.
- HDFC Bank made headlines with a ₹52 crore block trade and strong Q2 business updates showing double-digit growth in advances and deposits.
*this image is generated using AI for illustrative purposes only.
Indian markets closed higher, with the Nifty 50 gaining 133.80 points to settle at 22,555.75. The broader Sensex mirrored this strength, rising 472.77 points to close at 72,382.47.
Market Overview
The benchmark indices ended on a positive note, reflecting a bullish sentiment across major segments. The Nifty 50 recorded a 0.60% increase, while the BSE Sensex climbed 0.66%. This upward trajectory suggests renewed buying interest, particularly in service-oriented sectors, despite weakness in energy and healthcare stocks.
Sectoral Performance
Sectoral movements were mixed, with clear winners in services and media, while energy and healthcare faced selling pressure. The following table highlights the top performing and losing sectors:
| Sector | Avg Change (%) |
|---|---|
| Services | +3.21% |
| Media Entertainment & Publication | +2.19% |
| Trading | +2.17% |
| Energy | -1.28% |
| Castings, Forgings & Fastners | -1.00% |
| Healthcare Services | -0.77% |
| Healthcare | -0.73% |
Buzzing Stocks
HDFC Bank remained in focus after executing a significant block trade of approximately 7,36,016 shares on the NSE at ₹708.05 per share, totaling ₹52.11 crore. Additionally, the bank reported strong Q2FY27 business updates, with period-end advances under management rising 15.3% YoY to ₹33,075 billion and deposits growing 18.8% to ₹33,275 billion. Read more
Anupam Rasayan India Ltd saw activity related to its promoter holdings, as Rehash Industrial released a pledge on 50,00,000 equity shares after repaying a loan from Tata Capital Limited. Read more
Conclusion
The session concluded with broad-based gains led by the Services sector, which outperformed the market significantly. While banking and financials showed stability through large block trades and positive business updates, energy and healthcare sectors dragged on overall sentiment with notable declines.
Will the strong YoY growth in HDFC Bank's advances and deposits sustain the current momentum in the broader banking sector?
What macroeconomic or regulatory factors could drive a sustained recovery in the energy and healthcare sectors after their recent underperformance?
Is the outperformance of the Services sector indicative of a longer-term shift in market leadership away from capital-intensive industries?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
