Sensex Soars Over 429 Points Amid Strong Asian Market Signals

Mumbai, June 9 — Indian equity benchmarks surged in early trading on Monday, with the BSE Sensex climbing 429.05 points to reach 82,618.04, driven by positive momentum across major Asian markets.

The NSE Nifty also witnessed a healthy gain, advancing 130 points to stand at 25,134.40. Throughout the morning session, Sensex fluctuated between a high of 82,699.00 and a low of 82,541.72, while Nifty ranged from 25,160.10 to 25,104.85.

Broader market indices performed strongly, with the BSE MidCap index rising by 334.32 points and the SmallCap index adding 442.31 points, reflecting widespread investor confidence.

Barring the Realty sector, which edged down slightly by 0.10%, all other sectoral indices posted gains. Capital Goods led the charge with a 0.89% increase, followed by notable upticks in:

• Auto stocks, up 0.82%

• Industrials, gaining 0.81%

• Utilities and Financials, each up 0.58%

• Oil & Gas and Energy sectors, rising 0.64% and 0.65% respectively

• FMCG (0.24%) and Healthcare (0.33%) also contributed to the uptrend

Among the top-performing stocks in the Sensex pack were:

• Axis Bank, gaining 1.51% to ₹1,213.25

• Kotak Mahindra Bank, up 1.43% to ₹2,162.00

• Larsen & Toubro, advancing 1.18% to ₹3,697.40

• Tata Motors, climbing 1.05% to ₹718.75

• Mahindra & Mahindra, rising 0.94% to ₹3,134.35

However, a few laggards included Eternal, which dipped 0.63% to ₹260.30, Bharti Airtel down 0.34% to ₹1,863.00, and ICICI Bank, which edged lower by 0.20%.

Investor sentiment remained upbeat amid favorable global cues, especially from Asian markets, as optimism about economic recovery and strong corporate earnings continued to drive buying interest.