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Nifty Closes Above 26,000 as Sensex Jumps 388 Points, Adding ₹3.16 Lakh Crore in Market Value

Bank shares led the advance after an RBI step seen as easing exporters’ concerns.

Overview

  • At Monday’s close, the Sensex rose about 388 points to roughly 84,950 and the Nifty finished at 26,013, its latest push past the 26,000 mark.
  • Investor wealth increased by an estimated ₹3.16 lakh crore in a single session as indices extended a multi-day rally.
  • The banking sector outperformed and Bank Nifty hit an all-time high, while most other major sectors posted modest gains.
  • Brokers linked the day’s momentum to positive sentiment from the NDA’s decisive Bihar result and support from stronger-than-expected Q2 earnings across large and mid caps.
  • Gains over the past five sessions were concentrated in heavyweights, with Bharti Airtel and Reliance together adding about ₹1.10 lakh crore in market value, as small- and mid-cap moves tracked company filings including strong updates from Integrated Industries and HMA Agro.