Market Wrap: Nifty and Sensex Surge, Power Sector Electrifies Gains

1 min read     Updated on 09 Jun 2025, 03:31 PM
scanxBy ScanX News Team
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Overview

Indian stock markets closed on a bullish note, with Nifty 50 up 0.40% at 25,103.35 and Sensex rising 0.31% to 82,445.21. Castings, Forgings & Fasteners sector led gains at 3.44%, followed by Cables and Power sectors. Market breadth was positive with 65% of 4,561 traded stocks advancing. Aerospace & Defense underperformed, declining 0.87%.

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

Market Closes on a High Note

The Indian stock markets concluded Monday's trading session on a positive note, with both benchmark indices, Nifty 50 and BSE Sensex, posting significant gains. Investors witnessed a robust performance across various sectors, particularly in power and manufacturing-related industries.

Market Overview

The Nifty 50 index closed at 25,103.35, marking a substantial increase of 100.30 points or 0.40% from its previous close. Similarly, the BSE Sensex finished strong at 82,445.21, up by 256.22 points or 0.31%. These gains reflect a bullish sentiment in the market, with both indices reaching new heights.

Sectoral Performance

Top Performing Sectors

  1. Castings, Forgings & Fasteners: Leading the pack with an impressive average percentage change of 3.44%
  2. Cables: Showing strong momentum with a 2.55% average increase
  3. Power: Energizing the market with a robust 2.34% average gain

Underperforming Sectors

  1. Aerospace & Defense: Experiencing a downturn with an average decline of 0.87%
  2. Engineering Services: Marginally down with a slight dip of 0.07%

Market Breadth

The market breadth was decisively positive, indicating widespread optimism among investors:

Category Number of Scrips
Total Traded 4,561
Positive 2,976
Negative 1,585

This data shows that nearly 65% of the traded stocks ended in the green, underlining the day's bullish trend.

Conclusion

Monday's trading session ended on a high note, with both Nifty 50 and Sensex posting significant gains. The market saw strong performances in the Castings, Forgings & Fasteners, Cables, and Power sectors, while Aerospace & Defense and Engineering Services faced some headwinds. The positive market breadth further reinforces the overall bullish sentiment observed during the day's trading.

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