Domestic equity indices magnified their gains and were trading higher by around one percent in late morning deals as market participants indulged in enlarging their positions. Hectic buying in Infosys, Tech Mahindra, HCL Technologies, TCS and Mahindra & Mahindra companies’ stocks helped the both the Sensex and Nifty to trade above their psychological 76,800 and 23,800 levels respectively. Positive cues from the global markets supported domestic sentiments. Further, support also came as the Reserve Bank of India (RBI) injected Rs 48,014 crore in transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction. 

On the global front, Asian markets were trading mostly in green after Japan’s exports climbed 4.2% from a year ago in February, beating street estimates. Back home, most of sectoral indices on the BSE were trading in green led by IT, TECK, Telecom, Auto and Consumer Disc.

The BSE Sensex is currently trading at 76809.63, up by 738.79 points or 0.97% after trading in a range of 76187.92 and 76830.41. There were 25 stocks advancing against 5 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 4.23%, TECK up by 3.41%, Telecom up by 2.38%, Auto up by 2.07% and Consumer Disc up by 2.02%, while Metal down by 0.34% was the only losing index on BSE.

The top gainers on the Sensex were Infosys up by 4.52%, Tech Mahindra up by 4.40%, HCL Technologies up by 4.13%, TCS up by 3.61% and Mahindra & Mahindra up by 3.12%. On the flip side, HDFC Bank down by 0.79%, Bajaj Finance down by 0.62%, NTPC down by 0.61%, Hindustan Unilever down by 0.42% and Tata Steel down by 0.20% were the top losers.

Meanwhile, the government of India has secured the Parliament’s approval to spend an additional Rs 2.01 lakh crore in the current fiscal year (FY26). The Parliament has passed the second batch of Supplementary Demands for Grants for the current fiscal year. 

Under the second batch, it has approved gross additional expenditure of Rs 2.81 lakh crore, which includes net additional cash spending of around Rs 2.01 lakh crore and additional receipts of Rs 80,000 crore.

Earlier in December 2025, the Parliament approved the first batch of Supplementary Demands for Grants of current fiscal. Under the first batch, it had approved gross additional expenditure of Rs 1.32 lakh crore, which includes net cash outgo of Rs 41,455.39 crore and savings worth Rs 90,812 crore by the ministries/departments.

The CNX Nifty is currently trading at 23812.95, up by 231.80 points or 0.98% after trading in a range of 23618.45 and 23816.00. There were 38 stocks advancing against 12 stocks declining on the index.

The top gainers on Nifty were Infosys up by 4.49%, Tech Mahindra up by 4.45%, HCL Technologies up by 4.13%, TCS up by 3.62% and Wipro up by 3.36%. On the flip side, Coal India down by 1.91%, Hindalco down by 0.82%, Max Healthcare down by 0.80%, HDFC Bank down by 0.76% and Bajaj Finance down by 0.64% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 1405.61 points or 2.55% to 55,106.00, Taiwan Weighted added 512.01 points or 1.49% to 34,348.58, Jakarta Composite gained 84.55 points or 1.19% to 7,106.84, KOSPI increased 274.64 points or 4.64% to 5,915.12, Hang Seng advanced 168.46 points or 0.65% to 26,037.00 and Straits Times rose 59.07 points or 1.18% to 4,995.04. However, Shanghai Composite weakened 8.35 points or 0.21% to 4,041.56.