Sensex Jumps 410 Points as Indian markets recover sharply on Wednesday

In pharma sector, Sun Pharma was among the top gainers, contributing to the overall market rally.

While Mahindra & Mahindra and Tata Motors saw significant gains, reflecting positive investor sentiment in the auto sector, FMCG stocks like Hindustan Unilever and Nestlé India also witnessed buying interest.

Market Movers

Top gainers today included Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestlé India, Tata Motors, Hindustan Unilever, and Mahindra & Mahindra.

The key losers were IndusInd Bank, Kotak Mahindra Bank, Power Grid, and ITC.

Global Cues and Economic Outlook

Asian markets ended on a positive note, providing a favorable backdrop for the Indian market’s recovery. Moody’s Ratings affirmed India’s resilience against global trade disruptions, citing its large domestic economy and low dependence on exports as key factors supporting economic stability.