Sensex gains 350 pts; Nifty above 25,000; HDFC Bank, ICICI Bank rise 2% each

Indian benchmark indices Sensex and Nifty edged higher after trading flat as investors assessed key policy signals from China and tracked fresh trade developments.

As of 11:05 AM, the Nifty50 was up 101.85 points or 0.41 per cent at 25,070.25, while Sensex was higher by 366.17 points or 0.45 per cent at 82,121.04.

HDFC Bank, ICICI Bank, Tata Steel and UltraTech Cement were the top gainers on Sensex. While, Reliance Industries (RIL), Axis Bank, M&M, Titan and Infosys were among the top laggards.

In the broader markets Nifty Midcap 100 and Smallcap 100 were down 0.17 per cent and 0.28 per cent respectively.

Among the sectoral indices, Nifty IT was down 0.64 per cent, Nifty PSU Bank 0.68 per cent, Nifty Pharma 0.42 per cent and Nifty Auto 0.34 per cent. On the contrary, Nifty Metal was up 0.63 per cent.

Stocks to Watch

ICICI Bank: ICICI Bank share price rose as much as 2.09 per cent to an intraday high of ₹1,456.35 per share on robust Q1 show. For the April-June quarter of FY26 (Q1FY26), the private sector lender reported a 15.5 per cent year-on-year (Y-o-Y) rise in standalone net profit to ₹12,768 crore, supported by strong treasury gains and healthy credit growth. Read more

JSW Steel: Brokerages have largely raised their target prices for JSW Steel after its robust June quarter of financial year 2026 (Q1FY26) results, even as many continue to flag stretched valuations and potential challenges in the near term.