Nifty trades above 23,900 level; consumer durables share advance
At 14:30 IST, the S&P BSE Sensex rose 272.99 points or 0.35% to 77,190.84. The Nifty 50 index rose 98.05 points or 0.38% to 23,901.30.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 1.13% and the BSE 250 SmallCap Index added 1.48%.
The market breadth was strong. On the NSE, 2606 shares rose and 898 shares fell. A total of 91 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 1.62% to 15.47.
Buzzing Index:
The Nifty Consumer Durables index rose 1.89% to 36,470.95. The index jumped 5.51% in the three consecutive trading sessions.
Kalyan Jewellers India (up 4.6%), Titan Company (up 3.09%), Amber Enterprises India (up 2.85%), Crompton Greaves Consumer Electricals (up 2.66%) Voltas (up 2.1%), Havells India (up 1.54%), LG Electronics India (up 1.17%), Whirlpool of India (up 1.14%), and Kajaria Ceramics (up 0.69%) jumped.
Numbers to Track:
The yield on India's 10-year benchmark federal paper declined 0.29% to 7.276 compared with the previous session close of 7.297.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.5200 compared with its close of 94.7500 during the previous trading session.
MCX Gold futures for the 4 December 2026 settlement shed 0.09% to Rs 1,39,333.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.51% to 101.37.
The United States 10-year bond yield shed 0.97% to 4.901.
In the commodities market, Brent crude for the December 2026 settlement shed 36 cents or 0.35% to $103.24 a barrel.
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