On Thursday, the Indian equity market ended the day trading in green, with the Nifty 50 opening at 26,261.25, reaching a high of 26,310.45, and closing at 26,215.55, up by 0.04%. Similarly, the BSE Sensex opened at 85,745.05, reached a high of 86,055.86, and ended at 85,720.38, up by 0.13%.Reasons for the positive sentimentThe markets trade in green due to several reasons:The positive cues from the Asian and U.S markets.Foreign and Domestic institutional fund inflows, driven by confidence in the Indian economy.Brokerage firms such as Morgan Stanley and HSBC issued bullish remarks on Indian markets.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,215.5526,205.300.04%BSE Sensex85,720.3885,609.510.13%Next 5069,069.8069,189.40-0.17%Bank Nifty59,737.3059,528.050.35%Fin Nifty27,946.2027,799.500.53% Nifty and Sensex traded positively, led by the gains in Banking stocks.Nifty Next 50 traded in red, dragged down by the losses in Energy stocks. The Bank Nifty traded higher, driven by expectations of interest rate cuts in the U.S. and India.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT37,446.3037,364.600.22%Nifty Auto27,603.6527,696.40-0.33%Nifty FMCG55,470.5555,442.600.05%Nifty Pharma22,863.0022,862.350.00%Nifty Healthcare14,949.3514,967.10-0.12%Nifty Oil & Gas12,118.2512,207.80-0.73% Nifty IT traded higher amid a global tech rally and positive sentiment over further rate cuts.Nifty Auto traded lower, while Nifty Pharma traded flat amid selling pressure after the recent rally.Nifty FMCG traded in green, led by the positive market sentiment. The Nifty Oil & Gas index dropped after a decline in crude oil prices.Market Movers TodayPaytm's parent company, One 97 Communications, saw its shares rise by 2% after its subsidiary received final approval from the RBI for a Payment Aggregator license.Patel Engineering shares rose by 14% after the company received two LoI from Hyderabad-based Saidax Engineers and Infrastructures for excavation and transportation of coal at a project located at Jhiria West OCP of Hasdeo Area, Bilaspur in Chhattisgarh, and for South Eastern Coalfields Ltd.Gujarat Mineral Development Corporation shares jumped by 7.6% after approval for a large rare-earth incentive scheme for rare-earth permanent magnet (REPM) manufacturing.Emami shares rose by 5% after the brokerage firm Goldman Sachs issued a bullish call for the company’s stock.Top Gainers Company NameLTPPrev CloseChangeAshok Leyland159.75148.957.25%Bajaj Finance1,033.801,010.702.29%REC362.25356.401.64%KPIT Technologies1,218.901,194.902.01%Laurus Labs1,003.20986.601.68% Top Losers Company NameLTPPrev CloseChangeKaynes Technology India5,573.505,796.50-3.85%PG Electroplast585.50604.20-3.10%Amber Enterprises7,103.007,302.00-2.73%Eicher Motors6,999.007,198.50-2.77%Indian Bank865.90886.75-2.35% 52W High Stocks Company NameLTP52W highChangeReliance Industries1,563.401,575.50-0.41%Muthoot Finance3,760.503,773.900.94%Larsen & Toubro4,081.304,140.000.48%Axis Bank1,287.301,304.00-0.22%Shriram Finance867.65869.501.29% 52W Low Stocks Company NameLTP52W lowChangeAnthem Biosciences628.25620.00-0.69%Deepak Nitrite1,559.601,557.60-0.63%Vikram Solar265.80263.85-1.41%Sanofi4,358.804,350.10-1.22%Oswal Pumps559.25557.35-1.86% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.1110.080.30%Yes Bank22.8422.93-0.39%Suzlon Energy54.9355.58-1.17%HDFC Bank1,009.501,003.900.56%IDFC First Bank80.5080.370.16% Market AnnouncementsAshok Leyland shares rose by 5% to hit a 52-week high after the board approved the merger scheme of Hinduja Leyland Finance into NDL Ventures.SeQuent Scientific shares rose by 7.5% after the company fixed the record date for the merger approved by the National Company Law Tribunal (NCLT). References:Brokerages remain bullish on markets for 2026 as Sensex hits new highBank Nifty hits fresh record high, climbs above 59,800 as Sensex, Nifty scale new peaks; index extends outperformance streakPaytm shares rise 2% after subsidiary gets RBI's final approval to operate as payment aggregatorPatel Engineering shares jump 14% on getting orders worth Rs 798 croreGMDC stock extends rally with 5 percent surge; Sona Comstar also gains on rare earth magnet plansAshok Leyland share price hits 52-week high on merger update; details hereSeQuent Scientific shares gain 7% on merger update; check key details here