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Sensex Today | Stock Market Highlights: Nifty ends above 24,000; Sensex gains 919 pts

Published on 10/04/2026 03:49 PM

Market breadth remained positive, with the NSE advance-decline ratio at 5:1. As many as 25 of the 30 Sensex constituents closed in the green, led by Reliance Industries, HDFC Bank, ICICI Bank, and State Bank of India, which contributed the most to the gains.Broader markets also performed well, with the Midcap index rising 865 points to 57,844. Nifty Bank added 1,091 points to close at 55,913.Among sectors, auto stocks saw the most gains, with the Nifty Auto index rising nearly 3%. Bajaj Auto gained 3%, while Eicher Motors rose nearly 4% after Royal Enfield launched its first electric motorcycle.In the midcap segment, Sona BLW, Ashok Leyland, Cummins, Exide Industries, and Indraprastha Gas were among the top gainers. Saatvik Green Energy rose 10% after securing an order worth ₹109 crore for solar PV modules.On the other hand, IT stocks lagged the broader market. TCS fell 3% following its Q4 results, weighing on the Nifty IT index.Coal India declined over 4% after factoring in higher costs and lower e-auction prices.The rupee ended at 92.73 against the US dollar, compared to Thursday’s close of 92.66.Six weeks of pain, one week of gainAfter six straight weeks of losses, the market finally found a reason to breathe and then rally.Benchmark indices snapped their losing streak to post their strongest weekly performance in five years, with both the Sensex and Nifty rising nearly 6%.The trigger came from the US-Iran ceasefire that cooled geopolitical nerves and brought risk appetite back in a hurry.The rally was broad and decisive. Nearly 90% of stocks ended the week in the green, suggesting this wasn’t just a handful of heavyweights doing the lifting. Sectorally, everything participated. Every major index closed higher for the week.Rate-sensitive and cyclical pockets led the charge. Realty and auto stocks surged in double digits, seeing strong buying after weeks of correction.Broader markets kept pace. The Nifty Bank and Midcap indices both rose about 8%, reflecting strength beyond the frontline indices.Among Nifty names, Shriram Finance, Adani Enterprises, Axis Bank, Tata Motors (PV), and Bajaj Auto stood out as key gainers. In the midcap space, Adani Green Energy, Adani Energy Solutions, Ashok Leyland, Macrotech Developers (Lodha), and Cholamandalam Investment were among the top movers.The Indian rupee ended at 92.73 per dollar against Thursday’s close of 92.66 per dollar, marking a marginal depreciation in the session.

At 15:20 IST, Coal India declined 4.01% to emerge as the top loser, followed by Sun Pharma down 3.62% and Coforge slipping 3.22%. Data Patterns fell 2.94%, while Infosys dropped 2.98%.

Among other laggards, MphasiS lost 2.54%, TCS slipped 2.43%, Wockhardt declined 1.72%, Birlasoft fell 1.85%, and Newgen Software was down 1.70% in trade.

Jacob Pedersen of AL Sydbank said Europe will need to meet high earnings expectations to outperform global markets, especially as its economy has remained largely stagnant over the past three years. He added that significant investments are likely in defence, infrastructure, and digitalisation, while stressing the need for Europe to reduce its dependence on China across key sectors.

On India, Pedersen noted that the country’s growth potential remains intact in the eyes of global investors, although the ongoing shift towards AI could act as a negative for several industries.

 New India Assurance locked in the upper circuit with a 19.98% gain, while Cohance Life surged 18.98% and Ola Electric climbed 14.26% in a strong showing by midcap and new-age stocks. Blue Jet rose 9.99% and Allied Blenders advanced 8.64%, with the latter also hitting an upper circuit. Adani Energy added 7.24%, Lenskart Solutions gained 6.45%, and HFCL moved up 6.27%, rounding out the list of top gainers in today’s trade.India VIX declined 6.8% to 19.03, indicating a moderation in market volatility.India’s life insurance sector closed FY26 on a mixed note, with early data pointing to divergence between company performance and guidance, even as industry growth remained steady.HDFC Life Insurance reported a 1% decline in March retail APE, while its FY26 retail APE growth came in at 8%, falling short of its 13% guidance, according to sources cited by CNBC-TV18.In contrast, Axis Max Life Insurance posted a 7% rise in March retail APE, with FY26 growth at 19%. The insurer outperformed its guidance of beating industry growth by 400 basis points.Industry-wide, retail APE growth for FY26 stood at 12%, offering a benchmark for performance comparison.ICICI Prudential Life Insurance saw a 1% decline in both March retail APE and full-year FY26 retail APE, missing its guidance of growing faster than the industry.Meanwhile, SBI Life Insurance reported an 8% growth in March retail APE and a 13% rise for FY26, in line with its stated guidance.Canara HSBC Life Insurance posted a 3% drop in March retail APE, though its FY26 APE rose 19%.HDFC Life and SBI Life declined to comment, citing a silent period. Canara HSBC Life said it was unavailable for comment, while Axis Max Life said it would not comment. A response from ICICI Prudential Life Insurance is awaited.

 

Anand Rathi Wealth | Crosses ₹1 Lk Cr In Assets Under Management

These are some of the biggest volume based movers among Nifty 500 stocks.

 

Recent drops in IT stocks, according to Ashi Anand, founder and CEO of IME Capital, are more a result of worries about potential business models than of present demand. AI-driven productivity increases could put pressure on prices by cutting expenses and labour requirements.

 

Stock            Retail Shareholders        Holdings

Aequs            45,400                    1.91%

GK Energy             46,062                    7.3%

Saatvik Green          80,392                 4.68%

VIkram Solar                  2.78 Lakh                 11.47%

As of December 31, 2025, Shareholding Pattern On Exchanges

The market has only improved its standing in the past hour of trade, although marginally.

According to data from the Association of Mutual Funds in India (AMFI), mutual fund flows in March revealed a significant increase in equities inflows despite a month-over-month fall in total assets under management (AUM).

 

Suranjana Borthakur, Head of Distribution & Strategic Alliances, Mirae Asset Mutual Fund

Coal India’s share falls over 5% from the highs of the day

The shares of NTPC fell from the highs of the day after the company updated its Coal Power Plants

NCLAT To Continue Hearing Jaypee Associates Case On April 13

 

As the market rises, here are some underperforming IPOs that have resurged.

Stocks            Trading With Gains

105                93

IPOs That Topped Today

From Reuters

Vineet Budki, Partner & CEO, Sigma Capital To CNBC-TV18

The markets have largely maintained their position at the higher end.

As India’s growing economy looks to diversify its energy resources, nuclear power becomes an important alternative.

Here is a look at the hiring outlook in the time to come

The Real Estate sector is under pressure, with major stocks trading under pressure.

 

This week is expected to be the strongest for Nifty Bank since February 2021. This week, the index has increased by 8.5%. It was up 16% during the week ending February 7, 2021, the last time it saw such a significant increase.

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