Market Wrap: Nifty and Sensex Surge Over 2% in Bullish Trading Session

1 min read     Updated on 24 Mar 2026, 03:31 PM
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Reviewed by
Suketu GScanX News Team
Overview

Indian stock markets closed strongly positive on March 24, with Nifty 50 and BSE Sensex gaining nearly 2%. Engineering Services and Capital Goods sectors outperformed, while Energy and Commercial Services faced declines. Market breadth was predominantly positive with 3,157 scrips advancing against 1,516 declining. Notable corporate actions included shareholding changes in Premier Polyfilm and Jupiter Infomedia, and capacity expansion by ACME Solar Holdings.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets concluded on a strongly positive note on March 24, 2026, with both benchmark indices, Nifty 50 and BSE Sensex, registering significant gains of nearly 2%.

Index Closing Price Change % Change
Nifty 50 22,957.80 445.15 1.98
BSE Sensex 74,216.69 1,520.30 2.09

Sectoral Performance

The market witnessed a mixed sectoral performance, with some sectors outperforming while others faced significant declines.

Top Performing Sectors

Sector Avg. % Change
Engineering Services 5.32
Capital Goods - Electrical Equipment 3.99
Cables 2.84

Top Losing Sectors

Sector Avg. % Change
Energy -12.82
Commercial Services -11.49
Financial Services -6.63
Realty -6.42
FMCG -5.63

Buzzing Stocks

Several companies made headlines during the trading session:

  1. Premier Polyfilm Limited: D L Millar & Co Ltd, a promoter group company, increased its shareholding to 14.08% through open market transactions.

  2. ShaliBhadra Finance Limited: Scheduled a virtual one-to-one meeting with RAAS Capital on March 27, 2026.

  3. Zenith Exports Limited: Appointed Mrs. Rasna Goyal as Additional Non-Executive Independent Director for a five-year term.

  4. Jupiter Infomedia Limited: Arix Capital Limited and PACs increased their total holding to 50.43% through a share purchase agreement.

  5. India Finsec Ltd: Promoters released pledged shares, reducing total promoter encumbrance to 71.10%.

  6. ACME Solar Holdings Ltd: Commissioned additional 155 MW / 470.25 MWh BESS capacity in Rajasthan.

  7. Solar Industries India Limited: Successfully redeemed its Rs 100 crore Commercial Paper on the due date.

Market Breadth

The overall market sentiment was predominantly positive, as reflected in the market breadth statistics:

Category Number of Scrips
Positive 3,157
Negative 1,516
Total Traded 4,673

Conclusion

The Indian stock markets demonstrated robust performance on March 24, 2026, with both Nifty 50 and BSE Sensex posting substantial gains. While some sectors like Engineering Services and Capital Goods showed strength, others such as Energy and Commercial Services faced significant pressure. The positive market breadth further underscored the bullish sentiment prevailing in the market during the session.

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