Sensex Today | Stock Market Highlights: Nifty ends near 24,000; Sensex gains 2,946 points on US-Iran ceasefire

HomeMarket NewsSensex Today | Stock Market Highlights: Nifty ends near 24,000; Sensex gains 2,946 points on US-Iran ceasefire

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Market breadth was firmly positive, with the advance-decline ratio at 11:1, indicating broad-based buying.

Nifty Bank soared 2,988 points to 55,704, marking its biggest single-day gain in five years, while the Midcap index surged 2,199 points to end at 56,800. The Nifty also crossed the 24,000 mark intra-day for the first time in a month, as BSE-listed companies added nearly ₹16 lakh crore in market capitalisation.

All sectoral indices ended in the green. Banking and NBFC stocks led the rally amid cooling bond yields, with Bajaj Finance, Shriram Finance and Cholamandalam Investment rising 7–10%.

Auto stocks rebounded strongly, with the Nifty Auto index gaining 7% and all constituents closing higher. Crude-sensitive stocks reacted positively to a sharp 14% fall in oil prices, with OMCs and airlines rising up to 10%, even as upstream oil companies saw some pressure.

Among key movers, Adani Group stocks surged on developments around its SEC case, with Adani Enterprises and Adani Green among the top gainers. Capital market stocks such as BSE and Angel One rose 7–8% in line with the broader rally.

Titan hit a record high, gaining 6% after a strong Q4 business update, while Shriram Finance jumped over 10% after approving share allotment to MUFG. Pine Labs climbed 11% after JPMorgan initiated coverage with a ‘neutral’ rating.

In the broader market, more than 150 stocks in the Nifty 500 rose over 5%, with Ashok Leyland and BLS Services emerging as top gainers. IT and pharma stocks saw a relatively muted move but still ended with marginal gains.