As of 1:15 PM, the Nifty 50 index was up 208.65 factors or 0.84% at 25,031.80, whereas the BSE Sensex climbed 704.02 factors or 0.87% to 81,790.23.
The market breadth remained constructive, with 2,263 shares advancing and 1,705 declining on the BSE. A complete of 4,124 shares had been traded, with 156 remaining unchanged.
Notably, 376 shares hit their 52-week highs, whereas solely 21 touched their 52-week lows.
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JM Monetary emerged as the highest gainer on the BSE, surging 12.21% to ₹102.95. Different vital gainers included Caplin Level Laboratories (up 9.45% to ₹1,910.05), Gujarat State Petronet Restricted (up 9.28% to ₹369.85), Craftsman Automation (up 9.02% to ₹6,433.00), and BLS Worldwide Companies (up 8.94% to ₹432.65).
On the flip aspect, Zydus Lifesciences led the losers, dropping 5.42% to ₹1,114.80. Reliance Energy declined 4.99% to ₹32.73, adopted by PG Electroplast (down 4.17% to ₹534.60), Religare Enterprises (down 3.77% to ₹261.50), and Orient Cement (down 3.74% to ₹318.75).
A number of shares hit their 52-week highs on the Nationwide Inventory Change, together with Honasa Shopper (up 12.25%), Caplin Level Laboratories (up 9.54%), Motilal Oswal Monetary Companies (up 7.52%), Edelweiss Monetary Companies (up 6.60%), and Shilpa Medicare (up 6.04%).
The market confirmed indicators of broad-based participation, with 424 shares hitting the higher circuit and 250 touching the decrease circuit on the BSE. The constructive sentiment was mirrored in each large-cap and mid-cap segments, contributing to the general market rally.
Because the buying and selling session progresses, traders and analysts will likely be carefully monitoring the market dynamics for potential shifts in momentum and sector-specific actions forward of the closing bell.
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