Top performers included HCL Tech, Tech Mahindra, Tata Steel, Infosys, Bharat Electronics, Bajaj Finserv, Ultratech Cement, ICICI Bank, Kotak Mahindra Bank, and Larsen & Toubro, with gains up to 1.3 percent. Stocks such as Eicher Motors, Maruti Suzuki, Axis Bank, Sun Pharma, SBI, Bajaj Finance, and Bharti Airtel saw early losses.

Broader markets also rose, with Nifty MidCap up 0.37 percent and Nifty SmallCap 0.38 percent. The Nifty Metal index led sectoral gains with a 1 percent increase, while the Nifty Pharma index fell 0.37 percent.

Experts said IT largecaps remain overvalued due to structural challenges, while PSU stocks corrected valuation anomalies. Growth stocks in digital and renewable energy sectors continue to attract investment. Analysts anticipate a mild rally with Muhurat trading approaching.

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The Sensex rose over 100 points in early trade and was trading at 81,843, up 52 points or 0.06 per cent. The Nifty gained 34 points or 0.14 per cent, reaching 25,112 after an intra-day high of 25,140. Top Sensex gainers included Power Grid, Bajaj Finance, HCL Tech, Bharti Airtel, ICICI Bank, Ultratech Cement, NTPC, Hindustan Unilever, Bajaj Finserv, and BEL.

Major losers included Trent, Axis Bank, Tata Motors, TCS, SBI, Kotak Bank, Tech Mahindra, HDFC Bank, and Infosys, slipping up to 2.7 per cent. In the broader market, the Nifty MidCap index gained 0.08 per cent, while the Nifty SmallCap index rose 0.41 per cent, indicating strong interest in smaller companies.

Among sectoral indices, Nifty Metal and Nifty IT were top performers, each gaining 0.4 per cent. Nifty PSU Bank fell 0.3 per cent due to profit booking. Analysts said positive sentiment remains, and short-covering could trigger further gains if market news turns favourable.

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