Stock market today: Nifty50 and BSE Sensex closed in green on Wednesday, advancing for a third consecutive session, supported by late-session buying interest in banking, metal and FMCG stocks.The 30-share BSE Sensex rose 283.29 points, or 0.34 per cent, ending a volatile trading day at 83,734.25 after touching an intraday peak of 83,770.05. The broader 50-share NSE Nifty climbed 93.95 points, or 0.37 per cent, to finish at 25,819.35.Among Sensex constituents, top gainers included Tata Steel, ITC, Axis Bank, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Bajaj Finserv, Hindustan Unilever, State Bank of India, UltraTech Cement, Trent, Sun Pharmaceuticals and Kotak Mahindra Bank.Eternal, Tech Mahindra, Infosys, HCL Technologies, Adani Ports, Tata Consultancy Services, IndiGo, Asian Paints, Maruti Suzuki India, PowerGrid and HDFC Bank were the top losers.“Indian markets witnessed a late surge driven by broad-based buying after a cautious start, as positive domestic sectoral cues helped offset lingering global uncertainties,” said Vinod Nair, Head of Research at Geojit Investments Ltd. He noted that banking and financial stocks showed resilience amid expectations of stable asset quality, while selective buying in FMCG stocks supported relative outperformance.“In contrast, the IT sector continued to lag, weighed down by concerns over AI-led disruption and margin pressures, which kept investor sentiment subdued.“On the earnings front, Q3FY26 results for the Nifty 500 were broadly in line with expectations, underscoring that while growth trends remain mixed, the domestic macro environment continues to offer medium-term stability,” Nair said.In Asia, Japan’s Nikkei 225 index ended about 1 per cent higher, while markets in China, Hong Kong and South Korea remained shut for Lunar New Year holidays. European markets traded in positive territory during mid-session deals, and equities in the United States closed higher on Tuesday.According to exchange data, foreign institutional investors were net buyers of equities worth Rs 995.21 crore on Tuesday, while domestic institutional investors purchased shares worth Rs 187.04 crore. Brent crude, the global oil benchmark, edged up 0.33 per cent to USD 67.64 per barrel.In the previous session on Tuesday, the BSE Sensex had gained 173.81 points to end at 83,450.96, while the NSE Nifty rose 42.65 points to close at 25,725.40.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
