Markets Surge at Midday: Nifty and Sensex Post Solid Gains Despite Sector Losses

1 min read     Updated on 18 Mar 2026, 12:01 PM
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Shraddha JScanX News Team
Overview

Indian stock markets show strong positive momentum at midday, with Nifty 50 and Sensex up by 0.96% and 1.02% respectively. Despite gains, key sectors like Commercial Services, Forest Materials, and Energy face significant losses. Telecom, Cables, and Transport sectors outperform. Buzzing stocks include Jupiter Infomedia, Thomas Cook, Neogen Chemicals, and ACME Solar Holdings with various corporate announcements.

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

Market Overview

The Indian stock markets are showing strong positive momentum as of midday on March 18, 2026. Both the NSE Nifty 50 and BSE Sensex have posted significant gains, defying the negative performance in several key sectors.

Index Current Price Previous Close Change % Change
Nifty 50 23,808.10 23,581.15 +226.95 +0.96%
Sensex 76,848.44 76,070.84 +777.60 +1.02%

Last updated: 18/03/2026 12:00:13

Sectoral Performance

Despite the overall market gains, several sectors are experiencing significant losses:

Top Losing Sectors Avg. % Change
Commercial Services -15.62%
Forest Materials -14.06%
Energy -12.66%
Financial Services -11.88%
Textiles -10.49%

However, a few sectors are outperforming:

Top Performing Sectors Avg. % Change
Telecom +3.16%
Cables +3.12%
Transport +3.02%

Buzzing Stocks

Several companies have made headlines with recent developments:

  1. Jupiter Infomedia: Umesh Vasantlal Modi has reduced his stake from 27.30% to 26.30% by disposing of 100,000 shares (1% stake) as per a Share Purchase Agreement dated April 09, 2025.

  2. Thomas Cook (India) Limited: The company has announced a board meeting scheduled for March 20, 2026, to consider a corporate restructuring proposal and streamline its capital structure. The trading window will be closed from March 18-22.

  3. Neogen Chemicals: A corrigendum to the EGM notice scheduled for March 29, 2026, has been published, providing additional clarifications on the Rs. 161 crore preferential issue following stock exchange queries.

  4. ACME Solar Holdings: The company's subsidiary, ACME Eco Clean Energy, has commissioned an additional 8 MW wind power capacity in Gujarat, bringing the total commissioned capacity to 84 MW out of the planned 100 MW project.

Conclusion

The Indian markets are showing resilience at midday, with both Nifty and Sensex posting gains despite significant losses in several key sectors. Investors should keep an eye on the ongoing corporate developments and sector-specific trends as the trading day progresses.

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