Benchmarks have added some gains during late afternoon session as decline in global crude prices raised hopes that energy supply concern from the West Asia may ease. Further, investors were optimistic after the government of India secured the Parliament’s approval to spend an additional Rs 2.01 lakh crore in the current fiscal year (FY26). Besides, value buying following recent pull back and gains in IT stocks have supported the market sentiments. On the global front, all Asian equity markets were trading higher tracking gains on Wall Street overnight. European equity markets were trading higher ahead of the release of Eurozone inflation data and the U.S. Federal Reserve's interest-rate decision.

The BSE Sensex is currently trading at 76820.37, up by 749.53 points or 0.99% after trading in a range of 76187.92 and 77000.22. There were 25 stocks advancing against 5 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 3.34%, Realty up by 2.81%, TECK up by 2.70%, Telecom up by 2.55% and Consumer Discretionary up by 2.15%, while Metal down by 0.02% was the alone losing index on BSE.

The top gainers on the Sensex were Tech Mahindra up by 3.91%, Infosys up by 3.45%, Eternal up by 3.15%, HCL Technologies up by 3.14% and Adani Ports & SEZ up by 3.04%. On the flip side, NTPC down by 1.02%, Hindustan Unilever down by 0.90%, Sun Pharmaceutical Industries down by 0.85%, Tata Steel down by 0.05% and HDFC Bank down by 0.03% were the top losers.

Meanwhile, Union Minister of State for New and Renewable Energy Shripad Naik has said the government awarded contracts for 3,000 megawatt (MW) per annum of electrolyser manufacturing capacity, with a total financial incentive of Rs 4,440 crore and 8.62 lakh tonnes/year (8,62,000 MTPA) of green hydrogen production capacity, at a total financial incentive of Rs 5,294 crore, under the National Green Hydrogen Mission (NGHM). 

Additionally, the minister said 20,000 tonnes per annum of green hydrogen production and supply capacity has been awarded specifically for supply to public sector refineries such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL), at a total financial incentive of Rs 240 crore. 

Besides, he said various green hydrogen pilot projects are also being undertaken in the country. Under the National Green Hydrogen Mission (NGHM), India aims to establish a green hydrogen production capacity of 5 million metric tonnes per annum by 2030.

The CNX Nifty is currently trading at 23796.15, up by 215.00 points or 0.91% after trading in a range of 23618.45 and 23862.25. There were 41 stocks advancing against 9 stocks declining on the index.

The top gainers on Nifty were Jio Financial Services up by 4.50%, Tech Mahindra up by 4.14%, Infosys up by 3.52%, HCL Technologies up by 3.19% and Eternal up by 3.16%. On the flip side, Coal India down by 1.72%, NTPC down by 1.12%, Sun Pharmaceutical Industries down by 0.90%, Hindustan Unilever down by 0.82% and Cipla down by 0.77% were the top losers.

All Asian equity markets were trading higher; 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, Hang Seng advanced 149.46 points or 0.57% to 26,018.00, KOSPI increased 284.55 points or 4.8% to 5,925.03, Straits Times rose 68.69 points or 1.37% to 5,004.66, Jakarta Composite gained 84.55 points or 1.19% to 7,106.84 and Shanghai Composite strengthened 13.07 points or 0.32% to 4,062.98.

European equity markets were trading higher; UK’s FTSE 100 increased 19.98 points or 0.19% to 10,423.58, France’s CAC rose 63.91 points or 0.8% to 8,038.40 and Germany’s DAX gained 153.48 points or 0.65% to 23,884.40.