BSE Sensex Closed 6-Day Losing Streak on September 29: Gains Led by PSU Banks, and Energy Shares

On Monday, September 29, Indian benchmark indices Nifty and Sensex rebounded, ending their 6-day losing streak thanks to strong performances in IT, oil & gas, and metal stocks that helped restore market momentum. However, gains were somewhat restrained by a notable pullback in FMCG shares. The BSE Sensex climbed nearly 200 points to hover around 80,600, while the Nifty rose more than 60 points as it attempted to bounce back from recent losses.

Most sectoral indices closed higher, led by robust gains in PSU banks, oil & gas, energy, and metals. Realty, healthcare, and IT segments also posted positive results, reflecting widespread market strength. Conversely, FMCG and consumer durables slipped modestly, signaling some profit-taking within defensive sectors.

Top Gainers on BSE Sensex

Also Read: Crude Oil Prices Drop as OPEC+ Plans Output Hike and Iraq Resumes Kurdish Exports

The BSE SENSEX index showcased several notable gainers, reflecting positive momentum in the market. Key companies like BEL, SUNPHARMA, ETERNAL, TITAN, and M&M have demonstrated significant price increases. BEL's stock rose by 7.75 points to reach 403.65, while SUNPHARMA saw an impressive gain of 28.40 points, closing at 1,614.95. ETERNAL, TITAN, and M&M also posted gains of 5.10, 50.65, and 37.40 points respectively, contributing to the overall bullish sentiment in the index.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.