Despite volatile signals from international markets due to persistent strife in West Asia, India’s benchmark indices powered through to a green close on Tuesday. The Sensex ended 753 points higher at 79,273.33, reflecting a 0.96 percent increase, while Nifty50 advanced 0.87 percent to 24,576.60. The streak of gains extended to three days straight, fueled by guarded hope surrounding US-Iran negotiations.
Trading opened bullishly, with Sensex at 78,617.16 scaling up to 79,367.08 during the session. Nifty50 mirrored the enthusiasm, starting from 24,374.55 and reaching 24,601.70. The banking sector shone brightest, as Bank Nifty jumped 1.39 percent.
Midcap and smallcap indices trailed the leaders but still notched gains: Nifty Midcap 100 up 0.49 percent and Nifty Smallcap 100 up 0.88 percent. Realty led sectoral performers with 2.14 percent growth, trailed by private banks (1.50%), financial services (1.01%), media (0.97%), and PSU banks (0.79%). IT, auto, and metals added to the positivity, contrasting with pharma’s downturn.
Standout Nifty 50 gainers included Nestle India, HUL, Trent, Bajaj Finance, Tata Consumer Products, ICICI Bank, HDFC Bank, IndiGo, ITC, Axis Bank, Adani Ports, Wipro, and TCS. Losers were headed by SBI Life, BEL, Jio Financial, Dr. Reddy’s, Titan, Reliance Industries, and NTPC.
Market resilience underscores domestic strength, but experts caution that geopolitical risks could cap the upside. Eyes now turn to policy cues and corporate earnings for the next leg.
