Indian benchmark indices traded near their daily highs with strong momentum across market segments. According to reports from Business Standard, the S&P BSE Sensex advanced 669.31 points or 0.88% to 76,822.17 as of 11:25 IST, while the Nifty 50 index jumped 105.95 points or 0.46% to 23,984.50. The broader market participation was robust, with the BSE 150 MidCap Index rising 0.26% and the BSE 250 SmallCap Index adding 0.54%. Market breadth remained strong with 2,521 shares rising and 1,506 shares falling on the BSE, while 261 shares remained unchanged.
The oil and gas sector emerged as a standout performer with significant gains across major players. As reported by Business Standard, the Nifty Oil & Gas index surged to 11,215.10, recovering from a 0.13% decline in the previous trading session. Leading the sector gains were Indraprastha Gas (up 3.9%) and Reliance Industries (up 1.8%). Other notable performers included Mahanagar Gas (up 1.75%) and Aegis Vopak Terminals (up 0.89%). The sector also saw gains from Castrol India (up 0.79%) and Petronet LNG (up 0.54%). Adani Total Gas (up 0.47%) rounded out the top performers in the oil and gas space.
The technology sector continues to attract investor attention with strong fund performance data. According to latest reports, the SBI Technology Opportunities Fund Direct Growth has delivered impressive returns of 18.5% over the past year, significantly outperforming the category average of 14.1%. The fund, which focuses on technology and technology-related companies, has maintained strong performance across multiple time horizons, with 3-year returns of 6.74% and 5-year returns of 23.22%. The fund currently manages ₹13,11,819 crore in assets under management with a NAV of ₹235.12 as of September 3, 2026.
