The share markets in the country opened with marginal gains on Thursday, taking positive cues from global markets and overnight gains on Wall Street, as concerns over AI-led disruption eased and investor sentiment improved.
The Sensex closed at 82,276.07, up 50 points, while the Nifty 50 closed 58 points higher at 25,482.50. Among the key sectors, on the gaining end, were auto, healthcare, IT, metal, while telecom, FMCG, oil & gas, and PSU Bank faced losses.
The share market in the country witnessed a turnaround with a positive opening continuing on Tuesday, as foreign inflows returned to domestic markets and investor sentiment remained upbeat.
Buying enthusiasm picked up later in the session as the Sensex climbed 266.47 points to settle at 83,580.40 while Nifty 50 advanced 50.90 points to close 25,693.70. Among the sectors, PSU Bank, IT, pharma slipped while FMCG oil & gas, consumer durables, Private Banks, realty rose.
The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
In its latest outlook on Indian PSU banks, HSBC said the sector is entering a phase of structurally stronger growth following a prolonged clean-up cycle. "PSBs are well placed to gain market share given improved capital positions, healthier balance sheets and competitive pricing," the report
The Sensex was down 604.72 points or 0.72% at 83,576.24, while the Nifty was down 193.55 points or 0.75% at 25,683.30. Among the sector, PSU Banks, Oil & Gas, IT, PSE, and Metals remained strong footed, while weakness was seen in Realty, Private Banks, Financial Services, FMCG, and Consumer
Only three sectors witnessed buying in trade including Nifty Media (up 0.93%), Nifty FMCG (up 0.11%) and Nifty PSU Bank (up 0.05%). Nifty IT (0.75%) and Nifty Bank (0.53%) were the key losers.
In contrast, banks took a more calibrated approach. While private banks recorded virtually no IPO fundraising in CY25, PSU banks emerged as dominant players in the Qualified Institutional Placement (QIP) market.
Among the sectors, except media and metal, all other sectoral indices ended in the red. Information Technology, Oil & Gas, Pharma, PSU Bank were down 0.4% each.
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.