Domestic equity benchmarks continued to trade in positive territory during the mid-trading session on Friday, as investors drew comfort from a fragile ceasefire between the US and Iran, easing near-term geopolitical concerns.

Asian markets were largely higher, tracking overnight gains on Wall Street, while oil prices also edged up amid cautious optimism ahead of potential Iran-US peace talks.

In domestic trade, the BSE Sensex surged over 870 points, while the Nifty 50 advanced more than 260 points from the previous close. The rebound followed a volatile session earlier, where markets had witnessed sharp selling pressure.

At 1.10 pm, BSE Sensex traded 791.92 points or 1.03 per cent positive at 77,423.57, and Nifty 50 gained 244.35 points or 1.03 per cent to 24,019.45.

Broader markets outperformed the benchmarks, with the smallcap index rising 2 per cent, while midcap stocks also posted strong gains. On the sectoral front, all indices barring IT traded in the green, indicating broad-based buying interest.

Auto, realty, banking and financial stocks led the rally, while the Nifty IT index remained under pressure, declining over 2 per cent amid continued weakness in technology stocks.

IT index remained under pressure despite positive results from TCS, as broader concerns around weak discretionary spending and muted growth outlook weighed on sentiment.

Nifty 50 movers today: Infosys, TCS among top laggards

Among Nifty 50 constituents, Asian Paints, Eicher Motors, Bajaj Auto, Mahindra & Mahindra and ICICI Bank were among the top gainers. On the downside, Sun Pharmaceutical Industries, Infosys, Tata Consultancy Services and Coal India were the major laggards.

Market breadth remained firmly positive. Out of 3,197 stocks traded on the National Stock Exchange of India, 2,682 advanced, 436 declined and 79 remained unchanged. Around 58 stocks hit their 52-week highs, while seven touched 52-week lows. Additionally, 146 stocks were locked in the upper circuit, while 22 hit the lower circuit.

Stocks in action

In the midcap space, stocks such as Adani Total Gas, Exide Industries, Groww, Jubilant FoodWorks and Lenskart gained 4–5 per cent, while Coforge, Mphasis, Info Edge and Persistent Systems declined 1–3 per cent.

Among smallcaps, Cohance Lifesciences, Ola Electric, Aditya Birla Real Estate, Sona BLW Precision Forgings and Aether Industries surged 6–16 per cent. On the losing side, Data Patterns, Natco Pharma and ITI Limited slipped 1–3 per cent.

On the Bombay Stock Exchange, stocks such as New India Assurance Company, Cohance Lifesciences, Avanti Feeds, Blue Jet Healthcare and Allied Blenders and Distillers rallied 9–17 per cent, reflecting strong momentum in select pockets of the market.

Published on April 10, 2026