Market Wrap: Bulls Back in Action as Sensex Jumps 800 Points, Nifty Crosses 25,600

The Indian stock market roared back to life on Wednesday, with investors cheering strong earnings and positive cues from global markets. The Sensex climbed close to 800 points, and the Nifty comfortably moved past the 25,600 mark, hitting levels not seen in months.

The day began on a firm note and stayed upbeat till the end, as buying spread across most sectors. Banking, consumer, and auto stocks were the biggest drivers of the rally.

What Happened in the Market

Traders were in a good mood right from the opening bell. Encouraging Q2 results from a few big companies, along with stable crude oil prices, lifted confidence.

By the closing bell, the Sensex was up nearly 1%, while the Nifty added more than 250 points. Mid and small-cap stocks also joined the party, making it a broad-based move.

Top Performers

It was a strong day for consumer and financial names:

• Nestle India bounced back with solid gains despite a dip in profits — showing investors are betting on its long-term story.

• Tata Consumer Products and Titan shined as demand stayed firm in the festive season.

• Axis Bank and Kotak Mahindra Bank also added strength with healthy quarterly performance.

A Few Names in the Red

A handful of stocks didn’t share the same enthusiasm.

• HDFC Life slipped as its results failed to impress.

• Sun Pharma and Shriram Finance saw light selling after recent gains.

• Jio Financial Services continued to stay quiet after a volatile few sessions.

Sector Check

Most sectors ended higher — especially banks, auto, realty, FMCG, and energy.Only PSU banks saw mild profit-taking after their recent strong run.

Stock Buzz

• Oberoi Realty gained smartly after posting robust earnings and steady housing demand.

• BLS International was the star of the day, soaring over 15% after winning a big government contract.

• Ashok Leyland got a lift after bagging an order from the Tamil Nadu government for new buses.

• KEC International slipped slightly despite profit growth, as investors booked some gains.

What Market Experts Say

Market watchers believe the momentum is being driven by strong domestic fundamentals, steady corporate earnings, and hopes that interest rates will remain stable for a while.

Technically, the Nifty’s breakout above 25,600 is seen as a bullish sign. Many traders expect the next short-term target to be around 26,000–26,200, provided global cues stay supportive.

However, analysts also caution that valuations are high, and any negative surprise from global markets could spark a short-lived pullback.

The Big Picture

Overall, it was a day that reminded investors that the bulls are still in charge. Confidence is improving, corporate numbers are holding up, and the festive mood seems to be rubbing off on Dalal Street too.