Indian equity benchmarks ended Tuesday’s session on a firm footing, rebounding from a cautious start earlier in the day. Both Sensex and Nifty extended gains into the second half. At close, the Sensex stood at 82,634.48, gaining 0.08%, while the Nifty settled at 25,212.05, up 0.06%. The Nifty Bank also edged higher, closing at 57,168.95, with a 0.28% uptick.
“India’s macroeconomic outlook remains strong, supported by easing inflation, lower interest rates, a healthy monsoon, and softer oil prices. A drop in inflation in eight straight months has provided a push to the market. However, investors are showing a mix of optimism and caution in the relief rally to assess the Q1FY26 corporate earnings, as an upgrade in earnings is essential in the premium valued stock market. Additionally, global sentiment is mixed amid tariff concerns—highlighted by the announcement of a 50% duty on copper – and fading hopes of a near-term U.S. Fed rate cut on account of sticky inflation, adding market uncertainty,” said Vinod Nair, Head of Research, Geojit Investments.
Let’s break down what moved the markets today-
Top gainers
Among the biggest movers in the large-cap basket, M&M, SBI, Tech Mahindra, Infosys, and Adani Ports posted robust gains. Buying was visible across automobiles, IT, and select PSU bank names.
Key laggards
On the flip side, Eicher Motors, Sun Pharma, Tata Motors, BHEL, and PowerGrid dragged slightly, capping broader index gains. Most of the underperformance was seen in the pharma and power sectors.
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Among sectoral indices, IT, Realty, and tech stocks stood out, powering much of the broader market momentum. The Enhanced Value index also posted steady gains, suggesting investor interest is broadening beyond just defensives or cyclicals.
Top sectors in todays trade
On the sectoral front, consumer-oriented stocks remained strong. The Non-Alcoholic Beverages sector led the rally with a 2.3% rise, while Edible Fats gained 1.3%. Food Processing was not far behind, up 1.13%, supported by consistent demand. Glass stocks rose 1.02%, and Alcoholic Beverages added 0.98%.
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