Nifty Soars Past 25,000 Mark: Markets End on a High Note
By ScanX News Team
Indian markets closed on a robust note with Nifty 50 crossing the 25,000 mark and BSE Sensex posting significant gains. Printing & Stationery and Realty sectors led the rally, while Cables and Aviation sectors faced losses. Market breadth was positive with 2,396 advancing stocks out of 4,374 traded. Azad Engineering was in focus, falling 5.93% after a major block deal.
*this image is generated using AI for illustrative purposes only.
Market Wrap: Bulls Charge Ahead as Nifty Breaches 25,000
The Indian stock markets concluded Friday's session on a robust note, with both benchmark indices registering significant gains. The Nifty 50 made history by crossing the psychological 25,000 mark, while the BSE Sensex also posted substantial advances.
Market Overview
The Nifty 50 closed at 25,003.05, up 252.15 points or 1.02% from the previous close of 24,750.90. Similarly, the BSE Sensex ended at 82,188.99, gaining 746.95 points or 0.92% from its previous close of 81,442.04. The strong performance indicates a bullish sentiment prevailing in the market.
Sectoral Performance
Top Performing Sectors
- Printing & Stationery (Avg. Per Change: +5.21%)
- Realty (Avg. Per Change: +2.26%)
- Diamond, Gems and Jewellery (Avg. Per Change: +1.71%)
- Transport (Avg. Per Change: +1.47%)
Top Losing Sectors
- Cables (Avg. Per Change: -6.46%)
- Aviation (Avg. Per Change: -1.42%)
- Aerospace & Defense (Avg. Per Change: -1.41%)
- Utilities (Avg. Per Change: -0.51%)
Buzzing Stocks
Azad Engineering was in focus today, with its shares falling 5.93% to close at ₹1,649.70. The decline came after a significant block deal involving 48 lakh shares (7.4% of equity) at ₹1,640 per share, totaling ₹780 crore.
Market Breadth
The overall market breadth was positive, with advancing stocks outnumbering declining ones:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,374 |
| Positive | 2,396 |
| Negative | 1,978 |
Conclusion
The Indian stock market demonstrated strong performance on Friday, with the Nifty 50 breaching the 25,000 mark and the BSE Sensex posting substantial gains. While most sectors showed positive momentum, led by Printing & Stationery and Realty, some sectors like Cables and Aviation faced headwinds. The positive market breadth further underscores the bullish sentiment prevailing in the market.
