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Market takes a U-Turn as Sensex, Nifty rise over 1% each; here's why

Market takes a U-Turn as Sensex, Nifty rise over 1% each; here's why

Top gainers: Eternal, ITC, PowerGrid, Adani Ports, Nestle India, Infosys and Axis Bank shares rose up to 4.41% on Sensex today. 

Aseem Thapliyal
Aseem Thapliyal
  • Updated May 23, 2025 1:22 PM IST
Market takes a U-Turn as Sensex, Nifty rise over 1% each; here's why Investors gained Rs 3.32 lakh crore as market cap of BSE-listed firms rose to Rs 442.41 lakh crore today

Benchmark stock indices Sensex and Nifty staged a rally in the afternoon session today buoyed by easing US Treasury yields. Subsequent gains in information technology and consumer stocks also boosted sentiment on the Dalal Street.  
Sensex jumped 954 points to 81,905. The NSE Nifty climbed 300 points to 24,909. In the previous session, Sensex and Nifty ended lower  amid volatile trade.

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Eternal, ITC, PowerGrid, Adani Ports, Nestle India, Infosys and Axis Bank shares rose up to 4.41% on Sensex today. 
The BSE IT index, which lost 1.3% in the previous session, was up 1.8% today.

Market breadth was positive with 2257 stocks rising against 1532 stocks falling on BSE. 180 shares were unchanged. 

Investors gained Rs 3.32 lakh crore as market cap of BSE-listed firms rose to Rs 442.41 lakh crore today against Rs 439.09 lakh crore in the previous session. 


Foreign institutional investors (FIIs) sold shares worth a net Rs 5045 crore on Thursday, according to data available with the BSE. DIIs bought shares worth Rs 3715 crore. 


Previous session 


BSE Sensex plummeted 645 points to close at 80,952, while the broader NSE Nifty fell 204 points to settle at 24,610.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: May 23, 2025 1:20 PM IST