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    Stock Market Updates: Sensex Gains 500 Points, Nifty Above 25,300; Axis Bank, Bajaj Twins Gain Up To 4% | Markets News

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    Indian benchmark indices started Wednesday’s session on a firm note, supported by optimism over the conclusion of the India–EU FTA

    Stock Market Today.

    Stock Market Today.

    Sensex Today: Indian benchmark indices Sensex and Nifty started Wednesday’s session on a firm note, supported by optimism over the conclusion of the India–EU Free Trade Agreement (FTA) and encouraging global market signals.

    That said, at 11 AM, BSE Sensex was trading at 82,266.57, up 409 points or 0.5 per cent and NSE Nifty50 quoted 25,289.5, up 114.1 points or 0.45 per cent.

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    On the BSE, Axis Bank, Eternal and Adani Ports led the advances, whereas Asian Paints, Maruti Suzuki and Infosys were among the key laggards.

    The broader market also traded in positive territory, with the Nifty SmallCap 100 index rising more than 1 per cent and the Nifty MidCap 100 index up 0.6 per cent.

    Sector-wise, Nifty Private Bank, Realty and Oil & Gas indices were among the top performers, each climbing over 1 per cent. In contrast, Auto and PSU Bank stocks were under pressure.

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    Global Cues

    Asian markets were trading mixed. Last checked, Japan’s Nikkei 225 index was down 1.43 per cent, while South Korea’s KOSPI index rose 1.48 per cent. Australia’s S&P ASX 200 was trading almost flat with a negative bias.

    On Tuesday, the US equity markets settled on a mixed note, with the S&P 500 hitting a record closing high for a fifth consecutive session, as optimism ahead of megacap earnings was offset by mixed corporate results and a sharp selloff in health insurer stocks. The S&P 500 index rose 0.41 per cent to close at 6,978.60 levels, the Nasdaq Composite index gained 0.91 per cent, while the Dow Jones Industrial Average fell 0.83 per cent.

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