Dalal Street Kicks Off Week on Positive Note as ITC Rally Drives Benchmark Indices HigherMarket
5 Oct 2026, 8:43 pm (31 min ago)· 0

Dalal Street Kicks Off Week on Positive Note as ITC Rally Drives Benchmark Indices Higher

Indian equity benchmarks started the week with solid gains on Monday as heavy buying in ITC and key blue chips lifted both the Sensex and Nifty comfortably into the green.

Indian equity markets delivered substantial relief to investors on the opening trading day of the week, closing comfortably in positive territory following persistent buying momentum across multiple sectors. The benchmark indices retained their upward trajectory after beginning the session on a positive footing. Consumer goods heavyweight ITC spearheaded the market rally, drawing strong investor interest and propelling broad-market confidence. Telecommunications, non-banking financial services, and select infrastructure heavyweights contributed meaningfully to the recovery, counteracting intermittent bouts of selling seen in key technology firms and leading private sector lenders.

Benchmark Indices Performance Overview

At the closing bell, the 30-share BSE Sensex finished 472.77 points higher, translating into an advance of 0.66 percent to settle at 72,382.47. The broader NSE Nifty 50 tracked a parallel path, adding 133.80 points or 0.60 percent to finish the trading day at 22,555.75. Both indices defended their opening gains throughout the trading hours, reflecting sustained risk appetite among market participants after a strong start to the week.

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Market Breadth and Advance-Decline Ratio

Market breadth heavily favored advancing shares on Monday. Within the 30-stock BSE benchmark, 20 counters concluded the session higher, while only 10 constituents ended in the red. Across the 50-stock NSE basket, 31 companies registered positive moves, 18 faced downward pressure, and a single stock finished unchanged. This distribution indicated that buying activity was well spread across broader segments of the market rather than being restricted to a handful of names.

Top Performers of the Trading Session

ITC emerged as the biggest gainer of the day among top-tier stocks, advancing 4.49 percent on robust volume. Notable strength was also witnessed in Eternal, which added 2.50 percent, followed closely by telecom operator Bharti Airtel with a 2.38 percent climb. Non-banking financial giant Bajaj Finance rose 2.28 percent, while Adani Ports climbed 2.13 percent. Private banking heavyweight ICICI Bank registered an uptick of 2.11 percent, and Reliance Industries gained 1.72 percent.

Engineering major L&T added 1.48 percent, power utility NTPC moved up 1.45 percent, lifestyle brand Titan advanced 1.43 percent, and IT service provider TCS posted a 1.40 percent gain. Automaker Maruti Suzuki rose 1.07 percent. Positive momentum extended to Power Grid at 0.92 percent, Bajaj Finserv at 0.87 percent, and Axis Bank at 0.82 percent. Minor gains were recorded by UltraTech Cement at 0.73 percent, Mahindra & Mahindra at 0.66 percent, State Bank of India at 0.52 percent, IndiGo at 0.28 percent, and BEL at 0.16 percent.

Lagging Stocks and Selling Pressure

Conversely, select blue chips faced significant resistance, led by information technology provider HCL Tech, which slumped 3.69 percent to become the worst performer on the benchmark index. Heavyweight lender HDFC Bank lost 1.99 percent, adding downward pressure. Pharmaceuticals major Sun Pharma retreated 1.55 percent, while tech giant Infosys shed 1.50 percent. Paint maker Asian Paints declined 1.43 percent, retail major Trent dropped 0.86 percent, Kotak Mahindra Bank declined 0.83 percent, and metal producer Tata Steel slipped 0.61 percent. Marginal losses were seen in Hindustan Unilever at 0.05 percent and Tech Mahindra at 0.04 percent.

Questions & Answers

How many points did the Sensex and Nifty gain during Monday's trading session?
The BSE Sensex gained 472.77 points to finish at 72,382.47, while the NSE Nifty 50 advanced 133.80 points to close at 22,555.75.
Which stock was the top performer on the benchmark index?
FMCG major ITC led the gainers with a sharp advance of 4.49 percent.
Which company experienced the steepest drop during the day?
Information technology leader HCL Tech saw the steepest decline, falling by 3.69 percent.
What was the advance-decline breakdown for the major indices?
On the Sensex, 20 out of 30 stocks finished higher, while 31 out of 50 constituents advanced on the Nifty 50.

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