Key facts
- Sensex up 254 points at close
- Nifty 50 settled near 24,200
- IndiGo rose approximately 3%, among top gainers
- Broad-based gains across sectors
India Today reports that Indian stock markets closed higher on Thursday, with the BSE Sensex ending the session up 254 points and the NSE Nifty 50 settling near the 24,200 level. The session saw broad-based gains, with aviation major IndiGo standing out as a top performer, rising around 3% and contributing positively to the indices.
The recovery was supported by positive sentiment from global markets and continued buying by domestic institutional investors, who have been a stabilising force in Indian equities through periods of foreign outflows. Airline stocks in particular have benefited from improving load factors and relatively steady fuel costs in recent weeks.
For India's growing retail investor base — now numbering tens of millions through systematic investment plans and direct equity holdings — the day's gains offer a measure of relief after a choppy period for markets. Nifty's proximity to the 24,200 mark is being watched as a near-term technical level by traders and fund managers alike.