Sensex and Nifty close at closing highs led by a Dalal Street surge led by Maruti

On Tuesday, the Indian stock market indices closed at record highs, driven primarily by significant gains in Maruti Suzuki shares. Here are the key details:

- The **S&P BSE Sensex** gained 391.26 points to close at **80,351.64**.
- The **NSE Nifty50** added 117.30 points to close at **24,437.85**.

Maruti Suzuki, a major contributor to the day's gains, saw its shares surge over 6%, trading at Rs 12,807 by 3:52 PM.

According to Aditya Gaggar, Director of Progressive Shares, the day witnessed divergence in trading behavior: while mid and small-cap stocks remained rangebound, major buying activity was concentrated in index stocks, particularly in the auto sector. This propelled the Nifty50 to settle at another record level of 24,433.20, marking a gain of 112.65 points.

Here’s a breakdown of the top gainers and losers on the Nifty50:
- **Top Gainers**: Maruti Suzuki (+6.71%), M&M (+2.72%), ITC (+2.07%), Sun Pharma (+2.02%), Titan (+1.84%).
- **Top Losers**: Tata Consumer Products (-0.76%), ONGC (-0.75%), Reliance (-0.72%), Shriram Finance (-0.58%), Bajaj Finance (-0.33%).

Sector-wise performance:
- **Nifty Bank**: Increased by 0.27%.
- **Nifty Auto**: Rose by 2.23%.
- **Nifty Financial Services**: Gained 0.32%.
- **Nifty FMCG**: Grew by 0.97%.
- **Nifty IT**: Declined by 0.20%.
- **Nifty Media**: Increased by 0.36%.
- **Nifty Metal**: Saw a minimal increase of 0.05%.
- **Nifty Pharma**: Climbed by 1.57%.
- **Nifty PSU Bank**: Surged by 1.28%.
- **Nifty Private Bank**: Edged up by 0.12%.
- **Nifty Realty**: Rose by 1.14%.

Looking ahead, Aditya Gaggar highlighted that the index has broken through its previous high convincingly, indicating potential for further upward movement towards the 24,520-24,600 zone, with strong support at 24,340.

In broader market indices:
- **Nifty Midcap100**: Increased by 0.33%.
- **Nifty Smallcap100**: Rose by 0.26%.
- **Market Volatility**: Saw a rise of 3.38%.

This session's performance underscores bullish sentiment in key sectors, buoyed by specific stock movements and sectoral dynamics.

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