Stock markets ended on a positive note on Tuesday. Market sentiment was supported by US President Donald Trump’s comments on the Iran conflict and a decline in global oil prices. Investors also reacted positively after a period of heavy selling.
The BSE Sensex rose 639.82 points to 78,205.98, up 0.82 per cent. The Nifty 50 gained 233.55 points to close at 24,261.60, up 0.97 per cent.
Among sectors, banking, IT, and energy shares contributed to the gains. Midcap and smallcap stocks also saw buying interest. Traders said easing global tensions and lower crude prices lifted risk appetite. Brokers advised investors to remain cautious amid volatility but noted that short-term positive momentum continued in equities.
Top Gainers and Losers
On Tuesday, M&M led the gainers, rising 3.67 per cent to Rs 3,304.10, followed by Indigo up 3.21 per cent at Rs 4,372.00 and Asian Paints up 3.13 per cent at Rs 2,290.00. Maruti, ICICI Bank, Axis Bank, Tata Steel, and UltraTech Cement also gained between 2.23 and 2.94 per cent.
Kotak Bank, Power Grid, BEL, SBI, Titan, Bajaj Finserv, HDFC Bank, L&T, ITC, Trent, Tech Mahindra, Adani Ports, HCL Tech, NTPC, Bajaj Finance, and Sun Pharma saw modest gains ranging from 0.16 to 1.53 per cent.
On the other hand, Hindustan Unilever, TCS, Bharti Airtel, Reliance, Eternal, and Infosys ended lower, with losses between 0.10 and 1.40 per cent.
Nifty Broad Market Indices
On Tuesday, all major Nifty indices ended higher. Nifty 50 rose 0.97 per cent, Nifty Next 50 gained 1.75 per cent. Midcap indices were up 1.60 per cent to 1.62 per cent, while smallcap indices rose 2.12 per cent to 2.17 per cent. Broader indices and sectoral indices gained between 1.06 per cent and 2.39 per cent.
Nifty Sectoral Indicies
On Tuesday, sectoral indices saw mixed to strong gains. Nifty Auto rose 3.10 per cent, Nifty Bank gained 1.66 per cent, and Nifty Financial Services was up 1.90 per cent. Nifty FMCG added 0.84 per cent, while Nifty IT fell 0.46 per cent.
Nifty Media, Metal, Pharma, PSU Bank, Realty, and Private Bank indices rose between 1.39 per cent and 2.21 per cent. Nifty Consumer Durable gained 2.67 per cent, Nifty Healthcare 1.13 per cent, Nifty Oil & Gas fell 0.39 per cent, and Nifty Chemicals, Nifty mid-small, and other broader financial and IT indices were up 0.68 per cent to 2.23 per cent.
Stock Market Update
On Tuesday, a total of 3,305 stocks were traded on NSE. Among these, 2,545 advanced, 672 declined, and 88 remained unchanged. Twenty-nine stocks hit their 52-week high, while 161 touched their 52-week low. There were 105 stocks in the upper circuit and 63 in the lower circuit. The total market capitalisation stood at Rs 439.28 lakh crore.