Nifty 50 closed at 23,346.40, up 83.10 points or 0.36%, while the Sensex rallied 565.38 points or 0.76% to end at 74,860.34 in the session on September 21. Both benchmarks extended gains in afternoon trade after opening marginally higher, with the Sensex climbing over 560 points from the day's open.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23,346.40 | +83.10 | +0.36% |
| Sensex | 74,860.34 | +565.38 | +0.76% |
Broader market indices outperformed the benchmarks. Nifty Next 50 closed at 72,025.40, up 881.40 points. Mid-cap and small-cap segments also ended in positive territory, reflecting broad-based buying interest across the market.
Sectoral performance was mixed. Nifty Bank gained 302.95 points to close at 56,358.70, up 0.54%. Nifty Financial Services advanced 191.65 points to 25,510.00. Banking and financial stocks contributed to the benchmarks' upward move, though the sector lagged the broader market gains.
Among other sectoral indices, Nifty Mid Select closed at 14,500.75. Intraday data showed Nifty Bank trading at 56,474.15, up 0.20%, while the index witnessed modest gains through the session. Market breadth turned negative in late trade, with 35 Nifty stocks closing in the red despite the headline indices posting gains.
Sector-wise performance data showed Leather leading with a 4.65% gain, followed by Professional Services up 1.38% and Pharmaceuticals rising 1.25%. Bearings advanced 1.00%, while Packaging and Food & Beverages sectors gained 0.99% and 0.93% respectively. Auto and Telecom sectors were among active segments.
GIFT NIFTY tracked the cash market gains through the session, closing at 23,438.50, up 141.50 points or 0.61% from the previous close of 23,297.00. The SGX derivative opened at 23,330.00 and traded in a range of 23,307.00 to 23,466.50 during the session.
| GIFT NIFTY | Level |
|---|---|
| Last Traded Price | 23,438.50 |
| Open | 23,330.00 |
| High | 23,466.50 |
| Low | 23,307.00 |
| Change | +141.50 (+0.61%) |
The GIFT NIFTY session saw steady accumulation from mid-morning, with the contract rallying sharply between 11:30 and 12:00 to breach 23,400 levels. After consolidating through the afternoon, the derivative surged again post-4:00 PM to touch the session high of 23,466.50 at 16:25, before easing into the close.
GIFT NIFTY heads into Session II at 23,438.50, trading 92.10 points above the Nifty 50 cash close, reflecting continued positive sentiment in the derivatives market.