Nifty and Sensex Surge 0.83% as Bulls Take Charge

1 min read     Updated on 18 Mar 2026, 03:32 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Indian stock markets ended positively on March 18, with Nifty 50 at 23,777.80 and BSE Sensex at 76,704.13, both up 0.83%. Cables, Diamond, Gems and Jewellery, and Telecom sectors outperformed, while Energy and Commercial Services lagged. Market breadth was strong with 3,460 stocks advancing out of 4,681 traded. Buzzing stocks included Jupiter Infomedia, Thomas Cook, Neogen Chemicals, and ACME Solar Holdings.

35373766

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

Market Overview

The Indian stock markets concluded on a positive note on March 18, 2026, with both benchmark indices, Nifty 50 and BSE Sensex, registering significant gains. The Nifty 50 closed at 23,777.80, up 196.65 points or 0.83% from its previous close. Similarly, the BSE Sensex finished at 76,704.13, marking an increase of 633.29 points or 0.83%.

Sectoral Performance

The day saw a mixed bag of sectoral performances, with some sectors outperforming while others faced pressure.

Top Performing Sectors

Sector Average Percentage Change
Cables 3.92%
Diamond, Gems and Jewellery 2.89%
Telecom 2.88%

Underperforming Sectors

Sector Average Percentage Change
Energy -12.34%
Commercial Services -8.49%
FMCG -6.40%
Forest Materials -6.09%
Financial Services -5.84%

Market Breadth

The overall market breadth was decidedly positive, indicating strong buying interest across a wide range of stocks.

Category Number of Scrips
Total Traded 4,681
Positive 3,460
Negative 1,221

Buzzing Stocks

Several companies made headlines during the trading session:

  1. Jupiter Infomedia Ltd: Promoters Umesh Vasantlal Modi and Manisha Umesh Modi reduced their stakes in the company through open market transactions and a share purchase agreement, respectively.

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

  3. Neogen Chemicals Ltd: The company published a newspaper advertisement regarding a corrigendum to the EGM notice scheduled for March 29, 2026, following stock exchange clarifications on a Rs. 161 crore preferential issue.

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

Conclusion

The Indian stock markets demonstrated resilience on March 18, 2026, with both Nifty 50 and Sensex closing nearly 1% higher. While some sectors like Cables and Diamond, Gems and Jewellery showed strength, others such as Energy and Commercial Services faced headwinds. The positive market breadth suggests a broad-based rally, with investors showing interest across various segments of the market.

like15
dislike