New Delhi Oct 17 (UNI) Stock market today climbed to 52-week high, with benchmarks extending their winning run as the BSE Sensex crossed 84,000 for the first time since June 30, 2025, while Nifty index crossed 25,700 for the first time since October 1, 2024.
The climb in the indices led by buying in autos, consumer durables, FMCG and banking heavyweights.
At close, the Sensex was up 484.53 points or 0.58% at 83,952.19, and the Nifty was up 124.55 points or 0.49% at 25,709.85.
BSE midcap and smallcap indices shed 0.4% each. Notably, in the last three sessions, the Sensex has risen by over 1,900 points, or 2.3%, while the Nifty 50, too, has jumped 2.2%.
In terms of the sectoral performances, media, IT, metal, PSU Bank indices fell 0.5-1%. While auto, bank, healthcare, FMCG, consumer durables rose 0.5-1%.
Nifty FMCG index rallied 1.37% followed by the Nifty Consumer Durables and Nifty Pharma indices, which gained 0.70% each. Further, the Nifty Auto index also picked up momentum, ending 0.66% higher. Nifty Oil & Gas and Nifty Realty indices closed marginally higher while the Nifty IT was the worst performer falling 1.63%, followed by Nifty Media, which lost 1.56% of its value.
On the BSE, over 150 stocks touched their 52-week high. These inclued Radico Khaitan, Muthoot Finance, TVS Motor, M&M Financial, Nestle India, HBL Engineering, Apollo Hospitals, Maruti Suzuki, SBI, among others. Foreign institutional investors (FIIs) have started buying Indian stocks moderately.
In the previous session, they bought Indian stocks worth Rs 997.29 crore in the cash segment.
Yes Bank shares declined over 4% after Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) said it has no immediate plans to raise its stake in the private lender beyond 24.99%.
Although the stock market has remained muted over the last year, experts believe that the country’s favourable growth-inflation dynamics are expected to augur well for the coming year.
