Stock Market Gains Continue, Sensex and Nifty End Higher on Strong Buying

• Stock market gains push Sensex and Nifty higher.
• Banking and construction stocks lead market rally.
• Positive global sentiment boosts investor confidence.

Domestic stock markets closed on a strong note, extending gains for the third consecutive session and lifting investor sentiment. After a flat opening, markets gathered momentum through the day, driven by steady buying in key sectors.

The Sensex jumped 787.30 points to settle at 74106, while the Nifty advanced 255.15 points to close at 22968. Analysts noted that sustained buying interest in banking and construction stocks played a major role in pushing the indices higher.

Market sentiment was further supported by positive global developments. Reports suggesting easing tensions between the United States and Iran, along with the possibility of peace talks, improved confidence among investors worldwide. Expectations of stable energy prices and better geopolitical conditions also contributed to the rally.

Foreign investors showed renewed interest in Indian equities, adding strength to the upward movement. The overall optimism in global markets reflected positively on domestic indices, encouraging more participation.

According to market experts, the Nifty is now approaching a crucial milestone of 23000. If it manages to cross this level, the index could move towards 23200 in the near term. On the downside, immediate support is seen around 22750, with stronger support at 22550.

Among individual stocks, Trent and SBI Life emerged as top gainers, leading the rally. However, the oil sector witnessed some volatility due to fluctuations in crude prices.

With consistent gains and improving global cues, the market outlook remains positive, although investors are advised to stay cautious amid changing external factors.