Markets sustained their upward trajectory in Wednesday’s midday session, with the Sensex climbing 259.47 points to 81,903.86 and the Nifty advancing 79.70 points to 25,060.35, marking gains of 0.32 per cent each. The Nifty breached the key 25,000 resistance level that had capped gains in recent sessions.
Technology stocks emerged as the primary drivers of the rally, with Infosys leading the charge with a 3.26 per cent surge to ₹1,487.00. Other IT majors joined the upward move, as TCS rose 2.28 per cent to ₹3,085.00 and Wipro gained 1.98 per cent to ₹251.86. The sector’s outperformance came despite overnight weakness in US technology stocks.
Hindustan Unilever contributed significantly to the day’s gains, advancing 2.56 per cent to ₹2,671.50, while power sector heavyweight NTPC climbed 2.01 per cent to ₹341.80.
Financial services stocks weighed on the indices, with the Nifty Financial Services index declining 0.35 per cent to 26,496.50. Bajaj Finance dropped 1.49 per cent to ₹888.90, while Shriram Finance fell 1.44 per cent to ₹617.35. Bajaj Finserv also declined 0.81 per cent to ₹1,956.20.
Defense stock BEL emerged as the top loser, sliding 1.54 per cent to ₹374.20, followed by Tata Motors, which declined 1.29 per cent to ₹691.25.
Market breadth remained positive with 2,368 stocks advancing against 1,541 declining on the BSE. A total of 123 stocks hit 52-week highs compared to 44 touching 52-week lows. The session witnessed 222 stocks in the upper circuit and 134 in the lower circuit.
The Nifty Midcap 100 index outperformed benchmark indices, rising 0.57 per cent to 57,993.90, while the Nifty Next 50 gained 0.48 per cent to 68,235.60. However, the Nifty Bank index remained under pressure, declining 0.23 per cent to 55,738.75.
Trading volumes reflected active participation, with Infosys recording the highest value turnover of ₹85,915.46 lakhs among Nifty constituents, followed by TCS at ₹77,750.74 lakhs.
The market’s performance comes as investors remain cautious ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium, which is expected to provide clarity on the central bank’s monetary policy stance. Despite morning concerns over global sentiment and continued foreign institutional investor selling, domestic institutional investor support and sector-specific momentum helped sustain the rally through midday trade.
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Published on August 20, 2025