Stock Market Rebounds: Sensex, Nifty Snap Losing Streak, Close In Green
The Indian markets witnessed major volatility today. After beginning the trading session in red, the benchmark indices made an early recovery and started climbing higher in the morning hours. As of 2:54 PM, the BSE Sensex clocked a gain of more than 300 points and crossed 81,200, while the NSE Nifty50 jumped over 100 points to inch closer to 24,800 in the session.
When the closing bell rang, the Sensex settled for the day at 81,338, jumping almost 450 points, while the Nifty ended trading at 24,829, soaring close to 150 points. On the 30-share Sensex, L&T, Reliance, Asian Paints, Tata Steel, and Tata Motors emerged among the gainers. Meanwhile, the laggards of the day included TCS, Axis Bank, ICICI Bank, ITC, and Titan.
In the broader markets, the Nifty Microcap250 stood out with gains of 1.51 per cent. Sectorally, the Realty and Pharma indices led in green and settled 1.60 per cent and 1.37 per cent higher respectively.
Analysts explained that investors remained cautious ahead of the upcoming tariff deadline of August 1, 2025, as no deal has been reached till now between India and the US.
Foreign Investors And Previous Trading Session
Official exchange data revealed that foreign institutional investors (FIIs) withdrew Rs 6,028.47 crore from Indian equities on Monday. Notably, in the last trading session, the benchmarks ended trading in the negative territory. The Indian equity markets kicked off the week on a weak note, with both benchmark indices closing sharply lower on Monday. The BSE Sensex shed 572 points to finish at 80,891, while the NSE Nifty50 declined by over 150 points, ending the session just below the 24,700 mark at 24,680.75.
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