Stock Markets Extend Rally for Third Straight Day

Domestic equity markets extended their winning streak for the third consecutive session, supported by easing geopolitical tensions in West Asia and improving global sentiment. Stability in crude oil supply through the Strait of Hormuz, along with a strengthening rupee at ₹94.53 against the US dollar, boosted investor confidence. Declining crude oil prices further added positive momentum to the Indian stock markets.

The Sensex opened with gains of nearly 200 points from the previous close of 76,808 and maintained strength throughout the session. It finally closed 347 points higher at 77,155. The Nifty also followed a similar trend, closing 96 points higher at 24,085, marking a strong finish for the third straight day of gains in the Indian stock market.

On the sectoral front, stocks such as Trent, Bharat Dynamics, Vernova T&D, Yes Bank, and Dixon Technologies posted gains. However, shares of TMPV, BSE Ltd, Colgate, Lodha Developers, and Summan Capital ended in losses. The Bank Nifty rose 187 points, while the Nifty Midcap Index gained 321 points, reflecting broad-based market strength.