Sensex, Nifty trade positive on Reliance rebound, Hindalco, BEL, L&T among top gainers

Market Overview - Equity benchmark indices showed positive movement, supported by a rebound in heavyweights such as metal stocks, L&T, and Reliance Industries, alongside a rally in global equities as risk appetite improved after earlier market pressures from the West Asia conflict [1][2] - The BSE Sensex surged by as much as 564 points during the session, closing up 336.76 points or 0.43% at 79,452.95, compared to the previous close of 79,116.19 [2] - The Nifty 50 advanced by 130.20 points or 0.52% to 24,610.70, having risen nearly 192 points earlier in the day [2] Sector Performance - Broader markets reflected positive sentiment with midcap and smallcap indices posting modest gains [5] - IT stocks declined by more than 1%, while PSU banks and FMCG shares also experienced losses [5] - In contrast, metal, oil and gas, pharma, media, and realty stocks rose between 1% and 2.5% [5] Key Gainers and Losers - Among Nifty 50 constituents, top gainers included Hindalco Industries, Coal India, Bharat Electronics, NTPC, and Larsen & Toubro, while major laggards were Eternal, HCLTech, Tech Mahindra, Adani Enterprises, and State Bank of India [6] - Reliance Industries saw a surge of up to 3% during the trading session [6] Market Breadth - The market breadth remained positive with 1,910 stocks advancing against 1,204 declines, and 90 shares unchanged out of 3,204 stocks traded on the National Stock Exchange [7] - Approximately 20 stocks reached their 52-week highs, while 258 stocks hit 52-week lows [7] Midcap and Smallcap Movements - In the midcap segment, National Aluminium, Cochin Shipyard, Blue Star, and BSE rallied between 4% and 6% [9] - Conversely, Coromandel International, Muthoot Finance, Coforge, and Mphasis declined by 2% to 3% [9] - Among smallcap stocks, Garden Reach Shipbuilders & Engineers, Data Patterns, Navin Fluorine, and Natco Pharma surged between 5% and 7%, while Aegis Vopak Terminals, Sagility India, Reliance Power, and IKS Health fell between 3% and 6% [9]