The Stock Markets on Monday ended with gains after profit booking on the last day of the previous week. However, the last week was full of gains for the markets,
except Friday. At close, Sensex was up by 291.17 points or 0.38% to close at 77,094.07 while Nifty remained comfortably above the 24,100 mark to close at 24,102.90, up by 89.80 points or 0.37%. Investors got richer by nearly Rs 3 lakh crore in a single session with the overall market capitalisation of BSE-listed firms rose to above Rs 480 lakh crore from Rs 477.5 lakh crore. Indian rupee ended 35 paise lower at 94.68 per dollar against previous close of 94.33. Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities said, "Rupee traded weaker by around 0.32% near 94.68, despite a decline in crude oil prices. Brent crude slipped nearly 1.3% towards $79 per barrel, which would normally support the rupee by easing concerns over India's import bill. However, the positive impact of lower crude was offset by a stronger Dollar Index near 100.85, which kept pressure on emerging market currencies." Among the sectors all the indices closed in the green except FMCG and consumer durables. Key sectors like Media, IT, metal, pharma, auto and energy indices advanced in the range of 0.5-1 percent. Vinod Nair, Head of Research, Geojit Investments Limited said, "The market traded within a narrow range, albeit with a positive bias, as investors continued to assess the progress of US–Iran negotiations. Overall sentiment remained constructive, supported by outperformance in utilities, banking, and healthcare sectors. This strength was largely driven by a more selective, sector- and stock-specific investment approach. However, concerns around the slow progress of the monsoon could lead to inflationary pressures, potentially impacting consumer sentiment and demand in agriculture-linked segments." "While this may moderate near-term momentum, the broader outlook remains favourable, supported by a resilient earnings trajectory and continued policy backing, which underpin a constructive medium-term view."
