The Indian stock market today delivered a strong rebound as benchmarks ended nearly 1 percent higher. The rally was led by PSU banks, autos, and select industrials, while broader indices also advanced modestly. According to closing data, Sensex ended at 80604.08 up 0.93 percent and Nifty 50 closed at 24585.05 up 0.91 percent. The upmove was supported by renewed foreign interest and positive sector cues, with the Sensex also registering an intraday high around 80636.

Sector Performance Highlights
Banking outperformed with PSU Bank index topping the leaderboard rising about 2.20 percent on the day. Strength in Indian Bank and Union Bank featured among top movers within PSU banks.

IT traded mixed but closed positive alongside most sectors as risk sentiment improved with benchmarks finishing near the day’s high. No sector-specific outsized move was highlighted for IT today in the closing recap.

Auto stocks gained with the Nifty Auto index up about 1.06 percent. Tata Motors was among the top gainers after reporting Q1 results and helped power the auto-led advance.

Pharma edged higher with stock-specific catalysts. Zydus Lifesciences advanced over 2 percent on a US FDA approval while Lupin gained nearly 2 percent on a US launch update.

Top 5 Gainers
Name
% change
Tata Motors
over 3
Adani Enterprises

Top 5 Losers
Name
% change
ICICI Bank
down about 1
BEL

FII/DII Net Flows
Reports highlighted a return of FIIs supporting the rally today though exact net figures were not disclosed at close. The session’s positive FII tone contrasted with the prior weakness and aided large-cap momentum. In the absence of published closing numbers readers should watch post-close depository disclosures for precise FII and DII net flows.

Key Macro-Economic & Global Drivers
Foreign flows and sentiment: A gradual return of foreign institutional investors boosted confidence and helped reverse the prior session’s decline. Corporate earnings: Better-than-expected Q1 results in PSU banks and select large-caps like Tata Motors and order wins for L and T aided sector-specific rallies. Sector rotation: PSU Bank, Realty, and Auto led the gains while most other sectors closed in the green indicating broad market support. Global cues: Positive global risk tone into the new week supported Indian equities helping the benchmarks close near the day’s high. Currency watch: The rupee closed flat around 87.65 per US dollar minimizing FX headwinds for the day.

What to Watch Next
FII and DII flows: Confirm whether FII buying sustains in the coming sessions which can extend momentum in banks and cyclicals. PSU bank earnings follow-through: Monitor management commentary and asset quality prints as PSU banks led today’s move. Auto and industrial orders: Track auto OEM dispatch trends and large project awards after L and T’s fresh order commentary. US and global data: Keep an eye on global risk appetite and any tariff or policy headlines that can sway flows into emerging markets. Index levels: Watch Nifty 24500–24650 and Sensex 80500–80800 zones identified by today’s close for immediate supports and resistance based on intraday action.