Markets Rally For Sixth Session; Sensex Nears 85,000, Nifty Tops 26,000

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Indian equity benchmarks opened the week on a strong note, rising for the sixth consecutive session on Monday as broad-based buying lifted both frontline and sectoral indices.

The Sensex closed at 84,950.95, climbing 388.17 points (0.46%), after beginning the day with a healthy gap-up at 84,700.50. The index stayed in positive territory throughout the trading session, flirting with the 85,000 mark and hitting an intraday peak of 84,988.09. The day’s low stood at 84,581.08.

The Nifty 50 also advanced, ending at 26,013.45, up 103.40 points (0.40%), supported by sustained investor optimism and steady institutional inflows.

Heavyweights such as Maruti Suzuki, Kotak Mahindra Bank, Mahindra & Mahindra, Tech Mahindra, Titan, HDFC Bank, PowerGrid, HCL Tech, L&T, and NTPC were among the top performers driving the Sensex higher.

Meanwhile, Tata Motors PV, Asian Paints, Ultratech Cement, and Tata Steel weighed on the index with marginal declines. Sectoral momentum was robust across the board.

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