Sensex Ends 123 Points Up, Nifty Tops 25,100; HCLTech Jumps 3%

Markets End Higher; Sensex Rises 123 Points, Nifty Tops 25,100 on IT, Energy Boost.

Indian benchmark indices closed higher on Wednesday, snapping a brief pause in their rally, as gains in IT and energy shares helped restore positive momentum. The S&P BSE Sensex climbed 123.42 points to close at 82,515.14, while the NSE Nifty 50 advanced 37.15 points to settle at 25,141.40.

According to Vinod Nair, Head of Research at Geojit Financial Services, the broader markets are witnessing continued profit booking amid stretched valuations. However, large-cap stocks remain resilient, buoyed by strong institutional inflows into companies with steady earnings outlooks.

“Auto and IT sectors remain in focus. Auto stocks are riding on improved monthly sales, while IT stocks are gaining from optimism over potential progress in US-China trade discussions,” Nair noted.

Top Gainers & Losers
HCL Technologies led the Sensex gainers with a 3.22% rise, followed by Infosys (+2.16%) and Tech Mahindra (+1.74%). Reliance Industries and Bajaj Finserv also contributed to the gains, rising 0.71% and 0.70% respectively.

On the downside, Power Grid Corporation fell 1.89%, making it the worst performer. Other laggards included Adani Ports (-1.24%), IndusInd Bank (-1.21%), Nestle India (-0.93%), and HDFC Bank (-0.83%).

Broader Market & Volatility
Despite the uptick in benchmarks, the broader market indices underperformed:

Nifty Midcap 100: down 0.49%

Nifty Smallcap 100: down 0.53%

The India VIX, which measures market volatility, dropped 2.47%, indicating reduced short-term nervousness among investors.

Sectoral Performance
Gaining Sectors:

Nifty Oil & Gas: +1.47% , Nifty IT: +1.26% , Nifty Pharma: +0.50% , Nifty Healthcare: +0.25% , Nifty Auto: +0.19% , Nifty Realty: +0.09%

Declining Sectors:

Nifty FMCG: -0.67% , Nifty Financial Services: -0.28% , Nifty Private Bank: -0.26% , Nifty Metal: -0.15% , Nifty Media: -0.07% , Nifty Consumer Durables: -0.04%

Market Outlook
Investors are now awaiting key macroeconomic signals, including US inflation data due later in the day, which is expected to reflect a marginal uptick due to recent tariff hikes. The market remains in a consolidation phase after a sharp rally, with participants closely watching global trade developments and central bank cues.