Fertiliser Shares Surge, Nifty50 and Sensex Close Higher

The Indian stock market witnessed significant gains in the Thursday session, with fertiliser shares leading the pack. Deepak Fertilisers & Petrochemicals Corporation Ltd. rose by 5.18%, followed by Nagarjuna Fertilizers and Chemicals Ltd. at 4.87%, and Khaitan Chemicals & Fertilizers Ltd. at 4.32%. The NSE Nifty50 index ended 81.15 points up at 24,833.6, while the 30-share BSE Sensex closed up 320.7 points at 81,633.02. Top gainers in the Nifty pack included IndusInd Bank Ltd. and Sun Pharmaceutical Industries Ltd.

Key Takeaways:

Fertiliser shares closed higher, with Deepak Fertilisers & Petrochemicals Corporation Ltd. leading the pack at 5.18% gains.
Nagarjuna Fertilizers and Chemicals Ltd. and Khaitan Chemicals & Fertilizers Ltd. rose by 4.87% and 4.32%, respectively.
The NSE Nifty50 index gained 81.15 points to close at 24,833.6, with IndusInd Bank Ltd. and Sun Pharmaceutical Industries Ltd. emerging as top gainers in the Nifty pack.
The 30-share BSE Sensex closed up 320.7 points at 81,633.02, driven by gains in Adani Ports & Special Economic Zone Ltd. and Eternal Ltd.
HDFC Life Insurance Company Ltd. and Tata Consumer Products Ltd. were among the top losers, closing down 1.09% and 1.04%, respectively.
The top losers in the fertiliser segment included Madras Fertilizers Ltd. at 5.15%, Coromandel International Ltd. at 4.16%, and Bohra Industries Ltd. at 2.02%.

Statistics:

Fertiliser shares gained a combined 13.64% on the day, with Deepak Fertilisers & Petrochemicals Corporation Ltd. accounting for the largest share at 5.18%.
The NSE Nifty50 index gained 81.15 points to close at 24,833.6, representing a 0.33% increase from the previous close.
The 30-share BSE Sensex closed up 320.7 points at 81,633.02, representing a 0.40% increase from the previous close.
IndusInd Bank Ltd. led the pack among top gainers in the Nifty pack, rising 2.36% to close at ₹987.20.

Sources:

Times of India
NSE Nifty50 index
BSE Sensex