The stock indices closed higher on Monday, though off their intraday highs, in a largely rangebound session. Gains in auto and IT stocks helped keep the benchmarks in positive territory, while midcaps outperformed, boosting market breadth.
The Nifty 50 rose 148 points to close at 25,001, while the Sensex gained 455 points to end at 82,176. The Nifty Bank index advanced 174 points to 55,572, and the Nifty Midcap 100 climbed 379 points to 57,067.
JSW Steel rebounded 3% from early lows after the Supreme Court ordered a status quo in the BPSL liquidation case. Defence-related stocks extended their rally for a fourth straight session, with Data Patterns up 5% and Solar Industries up 3%.
Among key gainers, Gillette India surged 12% on strong Q3 earnings. JK Cement rose 3% after reporting better-than-expected EBITDA and a 3% QoQ increase in grey cement net sales realisation. Narayana Health added 3% as margins improved and revenue rose 18% YoY.
Divi’s Laboratories gained 4% following a supply agreement with a global pharmaceutical firm. Nibe Ltd. jumped 5% after securing a ₹150.6 crore order from an Israel-based defence technology company.
Paytm rose 3% after the Supreme Court stayed a ₹5,712 crore GST demand notice.
On the downside, Aditya Birla Fashion fell 2% despite strong Q4 results, while Glenmark slipped 3% after missing FY25 guidance and reporting a decline in US revenues. Eternal dropped 5% following index weighting reductions by both MSCI and FTSE.
Anupam Rasayan rallied 5% on a 44% YoY rise in Q4 profit, and RateGain Travel added over 3% following healthy Q4 results.
The NSE advance-decline ratio stood at 2:1, indicating broad-based market strength.
