Sensex, Nifty Trade Higher; Realty Sector Witnesses Decline
The headline equity indices traded with moderate gains in morning trade as investors remained cautious amid the ongoing de-escalation of tensions in West Asia. Market participants will monitor the Q4 earnings. Nifty traded slightly above the 24,300 level.
At 10:25 IST, the barometer index, the S&P BSE Sensex, climbed 295.08 points or 0.38% to 78,788.62. The Nifty 50 index rose 49.45 points or 0.20% to 24,403.
In the broader market, the BSE 150 MidCap Index gained 0.23% and the BSE 250 SmallCap Index added 0.09%.
The market breadth was strong. On the BSE, 1,875 shares rose and 2,075 shares fell. A total of 218 shares were unchanged.
The NSE’s India VIX, a gauge of the market’s expectation of volatility over the near term, rallied 5.52% to 18.16.
The Nifty Realty index declined 0.81% to 780.55. The index had jumped 2.93% over the past three consecutive trading sessions. Leading real estate stocks such as Lodha Developers (down 2.22%), DLF (down 1.24%), Brigade Enterprises (down 1.23%), Sobha (down 1.13%), and Phoenix Mills (down 1.1%) saw declines. Other notable declines included Anant Raj (down 0.93%), Godrej Properties (down 0.89%), Oberoi Realty (down 0.89%), Prestige Estates Projects (down 0.49%), and Aditya Birla Real Estate (down 0.38%).
Sterling and Wilson Renewable Energy zoomed 12.45% after the company announced it had secured new domestic orders worth around Rs 3,550 crore, boosting its order inflow for FY26.
HDFC Bank shed 0.40%. The bank reported a 9.11% jump in standalone net profit to Rs 19,221.05 crore in Q4 FY26, compared to Rs 17,616.14 crore in Q4 FY25. Total income rose marginally to Rs 89,808.90 crore in Q4 FY26 from Rs 89,487.99 crore in the corresponding quarter last year.
Interarch Building Solutions rallied 5.02% after the company announced it had secured an order worth Rs 60 crore for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system.
