Stock Market Bounces Back: Sensex Gains 317 Points, Nifty Nears 25,200

The Indian stock markets rebounded strongly on Tuesday, extending gains to close higher for the day. The BSE Sensex climbed 317.45 points, or 0.39 per cent, to settle at 82,570.91, while the NSE Nifty50 advanced 113.50 points, or 0.45 per cent, to end at 25,195.80. Broad-based buying across sectors lifted market sentiment, with gains seen in banking, auto, and FMCG stocks driving the uptrend. Positive global cues and domestic investor optimism contributed to the market's upward momentum. Around 2,475 stocks advanced, 1,422 declined, and 148 remained unchanged on the broader market.

All sectoral indices closed in the green, with notable gains of 0.5–1 per cent seen in pharma, auto, PSU banks, consumer durables, and realty sectors.

The BSE Midcap and Smallcap indices extended their rally for a second straight session, each rising nearly 1 per cent.

Among the top gainers on the Nifty were Hero Motocorp, Sun Pharma, Bajaj Auto, Apollo Hospitals, and Shriram Finance. On the flip side, HCL Technologies, HDFC Life, SBI Life Insurance, Eternal, and Tata Steel were the major laggards.

Vinod Nair, Head of Research at Geojit Financial Services, noted that market sentiment is gradually improving, driven by a combination of positive global cues and supportive domestic factors.

"Optimism is growing around the possibility of an interim trade agreement with the US, which could lead to a moderation in tariff-related risks. Concurrently, domestic inflation has fallen to multi-year lows, strengthening expectations of a further rate cut by the RBI—potentially accelerating future economic growth, which is currently showing signs of improvement," he added.

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Previous Trading Session

During Monday’s trading session, the Indian stock markets started the week on a muted note, ending the day in the red. The BSE Sensex declined by nearly 250 points to close at 82,253, while the NSE Nifty50 lost over 60 points to finish at 25,087. Among the 30 Sensex stocks, Eternal, Titan, M&M, Sun Pharma, and ITC emerged as the top gainers. In contrast, Tech Mahindra, Infosys, Asian Paints, Bajaj Finance, and HCL Tech were the major laggards.

(more to come)

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