Metal and IT Stocks Lift Sensex and Nifty Ahead of TCS Q2 Results

Indian stock markets ended higher on Thursday, with metal and IT stocks leading gains as investors positioned ahead of TCS Q2 results.

The S&P BSE Sensex climbed 398.44 points to close at 82,172.10, while the NSE Nifty50 added 135.65 points, finishing at 25,181.80.

Market Movement

"Despite mixed global cues, Indian markets opened subdued but quickly gained momentum, with Nifty trading positively throughout the session and closing near the day’s high," said Ashika Institutional Equities.

Sectoral performance was led by metals, IT, healthcare, pharma, and PSU banks, while media stocks remained largely flat. Pharma shares received a boost after the Trump administration clarified it would not impose tariffs on generic drug imports from overseas.

Top Gainers and Losers

Top gainers:

• Tata Steel: +2.65%

• HCL Technologies: +2.21%

• UltraTech Cement: +1.68%

• Sun Pharmaceutical Industries: +1.64%

• Bharat Electronics Limited: +1.42%

Top losers:

• Axis Bank: -0.90%

• Titan Company: -0.41%

• Maruti Suzuki: -0.21%

• Tata Motors: -0.18%

• HDFC Bank: -0.16%

Sectoral Performance

All sectoral indices ended in positive territory:

• Nifty Metal: +2.17%

• Nifty IT: +1.12%

• Nifty Healthcare: +1.07%

• Nifty Pharma: +1.05%

• Nifty Realty: +0.74%

• Nifty PSU Bank: +0.61%

• Nifty Financial Services: +0.48%

• Nifty Oil & Gas: +0.46%

• Nifty FMCG: +0.40%

• Nifty Private Bank: +0.40%

• Nifty Auto: +0.24%

• Nifty Media: +0.10%

• Nifty Consumer Durables: +0.04%

The Nifty Midcap100 gained 0.97%, Nifty Smallcap100 rose 0.61%, and India VIX dropped 1.86%, reflecting reduced market volatility.

Investors are closely watching TCS Q2 results, which could influence market momentum in the coming days.

(Disclaimer: The views expressed in this article are those of experts/brokerages and do not reflect the opinions of AIS. Consult a qualified broker or financial advisor before making any investment decisions.)