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The Sensex rose almost 500 points from its low, and the Nifty rose past 24,700: Rise in metal, auto shares drives market comeback
Aug 04, 2025 03:29 pm
By
infodivyadelhi

Divya Delhi ; The Sensex and Nifty recovered from a two-day loss by buying auto and metal companies and following a robust Asian trend. The Sensex rose over 500 points from its low and the Nifty nearly reclaimed 24,700 on Monday, buoyed by metal and auto stocks and bullish Asian market cues. The Nifty rose 132.70 points or 0.54 percent to 24,698.05. The Sensex rose 403.77 points or 0.50 percent to 81,003.68 at 1:15 pm on August 4. About 1,929 shares rose, 1,620 fell, and 150 remained unchanged. Up to 4%, Hero MotoCorp, Bharat Electronics, Tata Steel, Eicher Motors, and Hindalco Industries gained. TVS Motor Company rose 2.4 percent after reporting solid quarterly results, lifting the Nifty Auto index 1.1 percent. Hero MotoCorp rose 2.3 percent as July dispatches rose 21%, bolstering investor morale. The Nifty Metal index increased 1.6%. Fourteen of the index's 15 constituents were in the green as a softer US dollar made commodities more attractive to foreign buyers, bolstering metal prices and sectoral advances.