Market Update: Sensex and Nifty Close Higher on Thursday Trading Session

The stock market saw a positive end to Thursday’s trading session, with both the Sensex and Nifty closing higher. The Sensex closed at 70,865.10, up by 0.51%, while the Nifty surged by 0.5% to close at 21,255.05. The broader market also saw gains, with Nifty Midcap and Nifty Smallcap indices rising by 1.69% and 1.94% respectively.

Market volatility, as measured by India VIX, decreased by 4.79%, indicating a calmer trading environment. Nifty Media, Nifty Energy, Nifty PSU Bank, and Nifty Metal were among the top gainers, while sectors like Nifty Realty and Nifty Auto did not perform as well.

Stocks like BPCL, Power Grid, and Britannia were among the top gainers, while Bajaj Auto, Bajaj Finance, and Axis Bank saw losses. Overall market sentiment was positive, with more stocks advancing than declining.

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Throughout the day, the market showed fluctuations, with benchmark indices trading higher in the afternoon and then marginally lower in the morning. Despite some ups and downs, the overall sentiment remained positive, with more stocks advancing than declining.

In the global market, European markets were heading for a negative open, tracking declines from the previous day. However, Indian markets showed resilience and closed on a positive note. The day ended with a sense of optimism in the broader market, setting the stage for potential opportunities for investors.