Sensex closed 371 points higher
Gaurav Garg,
Lemonn Markets Desk
Mumbai, August 19, 2025: "Indian equities extended their winning streak for the fourth straight session on August 19, with the Sensex closing 371 points higher at 81,644.39 and the Nifty up 104 points at 24,980.65. The rally was broad-based, led by strong gains in auto, oil & gas, FMCG, and metal stocks, while midcaps and smallcaps outperformed the frontline indices. Market sentiment was buoyed by policy optimism around GST reforms, expectations of next-generation structural measures, and easing India–China trade concerns, though analysts cautioned that a sustained uptrend hinges on signs of earnings revival.
Among sectoral movers, Nifty Oil & Gas gained the most, rising 1.66 percent, followed by Auto, FMCG, and Infra. Auto stocks stole the limelight, jumping up to 6 percent after reports that China would address India’s concerns on the supply of rare earth magnets and tunnel boring machines. Reliance Industries advanced over 2 percent after Jio announced tariff changes expected to boost revenues, while cotton-related textile firms rallied up to 8 percent after the government scrapped the 11% import duty on raw cotton. On the technical front, the Nifty faces resistance near its 50-day SMA at 25,013, with support at 24,850. Top gainers included Tata Motors, Adani Ports, Bajaj Auto, and Reliance, while laggards were Dr Reddy’s, Bajaj Finserv, Hindalco, Cipla, and M&M."
