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Sensex tops 81,000; Nifty ends higher boosted by metals and autosThe Nifty Bank index ended flat, adding just 2 points to close at 55,619, lagging behind the headline indices.By Poonam Behura  August 4, 2025, 3:55:29 PM IST (Updated)3 Min ReadMarkets closed higher on Monday, with the Sensex topping the 81,000 mark for the first time in nearly two weeks, led by strong gains in metal and auto stocks amid optimism around a potential interest rate cut. Financials, however, underperformed and capped broader market gains.

The NSE Nifty 50 rose 157 points, or 0.64%, to close at 24,723, while the S&P BSE Sensex gained 419 points, or 0.52%, to end at 81,019. The Nifty Midcap 100 index surged 1.4% to 57,432, marking broad-based strength in the broader market. Market breadth remained firmly in favour of advancing stocks.

"The domestic equity market edged higher, supported by strong performance in the metal and auto sectors. A weakening U.S. dollar, along with robust monthly auto sales and encouraging quarterly results from leading automakers, helped renew investor interest in these sectors. The Q1 earnings summary indicates that consumption-driven companies are benefiting from a rebound in volume demand. Meanwhile, rising unemployment and slower job creation in the U.S. have reinforced expectations of a potential FED rate cut. However, there still remains room for caution due to high U.S. tariffs," Vinod Nair, Head of Research, Geojit Investments said. 

The Nifty Bank index ended flat, adding just 2 points to close at 55,619, lagging behind the headline indices.

Metal stocks led the rally on renewed hopes of rate cuts by global central banks. Tata Steel and Steel Authority of India Ltd (SAIL) were among the top gainers on the Nifty, rising 5% and 4.2%, respectively.

Two-wheeler stocks gained after several firms reported improved July sales. Hero MotoCorp jumped 5.7%, topping the Nifty gainers’ list. TVS Motor and Bajaj Auto also ended higher.

Defence stocks saw renewed buying interest at lower levels. Bharat Electronics Ltd (BEL) rose over 3%, rebounding from last week’s losses. IT stocks, which opened lower, witnessed a sharp intraday recovery. The Nifty IT index ended up 2%, supported by gains in Infosys and HCLTech.

Engineering major ABB India fell 6% after reporting a weaker-than-expected Q1 and issuing a cautious outlook. Peer Siemens also declined 3.5%.

On the other hand, Aditya Birla Capital ended 10% higher after its Q1 earnings met street expectations and management commentary remained upbeat.

Among other notable movers, shares of UPL and logistics company Delhivery rose 7% each, driven by positive management commentary during investor interactions.

Capital market infrastructure stocks saw strong buying amid improved sentiment. CDSL climbed 6%, while BSE Ltd gained 3%.

Multi Commodity Exchange (MCX) closed 5% higher, reacting positively to its quarterly results.

PNB Housing Finance extended its decline, falling another 4% after Friday’s sharp drop, as investor concerns around asset quality persisted.

Electric vehicle maker Ather Energy surged 16% after posting a steady Q1 and narrowing losses, boosting investor confidence in the company’s path to profitability.

Gold financing companies also gained, tracking a rebound in gold prices. Manappuram Finance rose 7%, while Muthoot Finance ended nearly 5% higher.Continue ReadingFirst Published: Aug 4, 2025 3:51 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tags