Domestic equity markets carried their upward trajectory into the fresh trading session, opening with solid gains across primary benchmarks. The 30-share BSE Sensex started the day on a positive note by jumping 350 points at the opening bell. Fresh purchasing interest quickly intensified right after the start, propelling the index higher by 635 points to touch 76328. In tandem, the broader NSE Nifty index demonstrated robust strength as well, advancing 180 points to reach 23620 in initial dealings.
The current market optimism builds directly on the heavy momentum generated during the preceding session. On November 2, equities surged aggressively, largely powered by shares of Reliance Industries which jumped approximately 12 percent. That single-stock rally had provided immense firepower to the broader market, and the resulting positive sentiment carried over into early transactions today.
Top Performing Stocks in Morning Deals
Individual stock action reflected noticeable buying interest across prominent counters during morning trade. InterGlobe Aviation led the pack of major gainers, climbing 2.91 percent to reach Rs 5,063 per share. Shriram Finance also recorded brisk trading activity, adding 2.35 percent to trade at Rs 883.65. Decorative paints maker Asian Paints moved up by 1.75 percent to Rs 2,385.40, while packaged consumer goods firm Tata Consumer Products gained 1.66 percent. Private sector lender HDFC Bank witnessed investor accumulation as well, rising 1.57 percent.
FMCG Leads Sectoral Gains While Pharma Faces Pressure
Sector-specific indices showed distinct divergence, with consumption and financial segments leading the gainers. The Nifty FMCG index emerged as the top sectoral performer early on, advancing 1.43 percent to reach 44,601.35 points. Capital goods followed suit as Nifty Capital Market rose 1 percent, while Nifty Financial Services added 0.89 percent. The technology basket saw upward traction with Nifty IT moving up 0.85 percent. Furthermore, Nifty MNC rose 0.73 percent and Nifty Realty gained 0.64 percent, with banking and consumer durables spaces also experiencing positive momentum. Conversely, healthcare counters remained under selling pressure; Nifty Healthcare dropped 0.54 percent to 16,390.85 points, and Nifty Pharma slipped 0.52 percent.
