The Indian stock market witnessed a significant rebound with Sensex gaining 238.22 points (0.31%) to settle at 76,741.82 and Nifty advancing 80.75 points (0.34%) to close at 23,962.80. According to latest market reports, the rally added around ₹5.45 lakh crore to the total market capitalisation of BSE-listed companies, lifting it to ₹477 lakh crore. The broad-based recovery was led by consumer, telecom, and financial names, while IT stocks lagged behind. Bharti Airtel, Sun Pharma, and Bajaj Finserv emerged as top performers with gains of around 3% each, while Asian Paints, Reliance Industries, and other major stocks rose over 1% each. The Nifty MidCap index ended 1.38% higher and Nifty SmallCap index rose 1.80%, outperforming the benchmark indices.
Market experts Kush Bohra from Kushbohra.Com and Shahina Mukadam from Independent Market provided detailed stock recommendations on NDTV Profit's Ask Profit show. According to reports from NDTV Profit, the experts addressed investor queries about key stocks including Bharti Airtel Ltd., Solar Industries India Ltd., KEC International Ltd., Balaji Amines Ltd., Bharat Dynamics Ltd., UNO Minda Ltd., and Gujarat Mineral Development Corporation Ltd. (GMDC).
Bharti Airtel Ltd., trading at ₹1,935.10, received a Can Add recommendation from Kush Bohra and emerged as a key driver of today's market rebound. According to NDTV Profit reports, the stock is currently going through a consolidation phase with the whole calendar year showing consolidation patterns. The expert noted that the stock has moved above the 200 MVA, which represents a tactical moving point for potential upward movement. Today's 3% gain reinforced the stock's leadership position in the telecom sector.
The combined market valuation of four of the top-10 most valued firms jumped ₹92,995.48 crore last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers. According to Business Standard, HDFC Bank's market valuation surged ₹35,808.09 crore to ₹12,69,454.42 crore, the most among the top-10 firms. Bharti Airtel's valuation jumped ₹34,896.92 crore to ₹11,98,774.22 crore, while LIC added ₹16,065.5 crore and Reliance Industries climbed ₹6,224.97 crore to retain its position as the most valued firm. However, Hindustan Unilever's market cap dropped by ₹12,088.65 crore to ₹5,04,997.65 crore, and Larsen & Toubro's valuation declined by ₹11,040.23 crore. The gainers from the top-10 pack were Reliance Industries, HDFC Bank, Bharti Airtel and Life Insurance Corporation of India (LIC), while ICICI Bank, State Bank of India, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever faced a combined erosion of ₹49,294.13 crore from their valuation.
The market rebound was characterized by clear sectoral leadership with Nifty Realty index leading gains, followed by Nifty Media, Nifty Consumer Durables, and Nifty PSU Bank all ending in positive territory. Nifty IT was the biggest laggard, limiting overall gains despite the broader market recovery. According to market analysts, this divergent performance underscores the importance of stock-specific dynamics even when the broader market trend is positive. ETIG estimates project revenue growth of 10.6% and net profit growth of 5.8% for the June 2026 quarter, marking a recovery after several quarters of single-digit growth, though margins face pressure from input cost inflation.
