Indian Equity Indices Extend Gains for Third Day on Positive Global Cues

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Benchmark equity indices Sensex and Nifty continued their upward momentum for the third consecutive session on Tuesday, helped by positive global market trends, foreign fund inflows and easing crude oil prices after the reported peace deal between the US and Iran, reported PTI.

The 30-share BSE Sensex gained 544.15 points, or 0.71 per cent, to close at 76,808.48. During the session, it climbed 582.41 points, or 0.76 per cent, to hit an intraday high of 76,846.74.

The NSE Nifty 50 rose 135.25 points, or 0.57 per cent, to settle at 23,989.15. It touched a high of 24,002.60 during the day, gaining 148.7 points, or 0.62 per cent.

With Tuesday’s gains, the Sensex has surged 2,975.93 points, or 4 per cent, over three consecutive sessions, while the Nifty has advanced 827.55 points, or 3.57 per cent.

Nifty50 top gainers

Company NameCurrent Price (Rs)Price Change% ChangeHCL Tech1,15939.70 ↑3.55% ↑Tata Consumer1,13130.50 ↑2.78% ↑NTPC355.557.45 ↑2.15% ↑Bajaj Finserv1,78737.10 ↑2.12% ↑HUL2,20043.80 ↑2.04% ↑ONGC248.204.55 ↑1.87% ↑Bajaj Finance959.6517.40 ↑1.85% ↑TCS2,19937.00 ↑1.72% ↑RIL1,32921.80 ↑1.67% ↑Coal India Ltd450.956.90 ↑1.56% ↑

Nifty50 top losers

Company NameCurrent Price (Rs)Price Change% ChangeHindalco982.40-31.50 ↓-3.11% ↓JSW Steel1,274-22.21 ↓-1.72% ↓HDFC Life574.40-6.81 ↓-1.17% ↓Apollo Hospital8,391-78.00 ↓-0.93% ↓Eicher Motors7,561-64.00 ↓-0.84% ↓InterGlobe4,840-40.40 ↓-0.83% ↓Maruti Suzuki13,691-114.00 ↓-0.83% ↓Grasim Inds.3,140-24.20 ↓-0.77% ↓Tata Motors PV393.60-2.80 ↓-0.71% ↓UltraTech Cem.11,391-75.00 ↓-0.66% ↓

Sensex top gainers

Company NameCurrent Price (Rs)Price Change% ChangeHCL Tech1,15939.70 ↑3.55% ↑NTPC355.557.45 ↑2.15% ↑Bajaj Finserv1,78737.10 ↑2.12% ↑HUL2,20043.80 ↑2.04% ↑Bajaj Finance959.6517.40 ↑1.85% ↑TCS2,19937.00 ↑1.72% ↑RIL1,32921.80 ↑1.67% ↑Tech Mahindra1,44721.20 ↑1.49% ↑ITC291.653.75 ↑1.31% ↑Titan Company4,33854.50 ↑1.28% ↑

Sensex top losers

Company NameCurrent Price (Rs)Price Change% ChangeInterGlobe4,840-40.40 ↓-0.83% ↓Maruti Suzuki13,691-114.00 ↓-0.83% ↓UltraTech Cem.11,391-75.00 ↓-0.66% ↓Tata Steel196.00-1.29 ↓-0.65% ↓SBI1,015-5.56 ↓-0.55% ↓BEL407.55-2.00 ↓-0.49% ↓Sun Pharma1,801-5.30 ↓-0.30% ↓Power Grid285.15-0.56 ↓-0.20% ↓Axis Bank1,366-2.60 ↓-0.20% ↓Trent2,898-3.30 ↓-0.12% ↓

IT stocks lead gains

IT stocks, select energy companies and banking shares supported the market rally. Among the 30 Sensex companies, HCL Technologies emerged as the biggest gainer, rising 3.59 per cent after the IT major announced a Rs 1,427 crore investment in government-backed sovereign AI model developer Sarvam AI for a 10.46 per cent stake. Other major gainers included Bajaj Finserv, NTPC, Hindustan Unilever, Tata Consultancy Services and Bajaj Finance. On the other hand, InterGlobe Aviation, UltraTech Cement, Maruti and Tata Steel ended lower. Sectoral indices reflected broad-based buying, with Realty gaining 2.27 per cent, Focused IT rising 1.72 per cent, IT climbing 1.66 per cent, FMCG increasing 1.12 per cent, Energy advancing 1 per cent and Oil & Gas moving up 0.85 per cent. Metal, Commodities and Auto sectors were among the laggards.

Crude oil prices soften after US-Iran deal

Market sentiment improved after the US and Iran reached an agreement on Sunday to reopen the Strait of Hormuz, a key global energy route. The development eased concerns over disruptions to oil and natural gas shipments, leading to a decline in crude prices. Brent crude, the global oil benchmark, traded 2 per cent lower at $81.45 per barrel. “Domestic equity markets continued their recovery momentum, buoyed by growing optimism around a de-escalation in US–Iran tensions and softening crude oil prices. The rally was broad-based, with notable gains in IT, realty, FMCG, and oil & gas sectors,” Vinod Nair, head of research at Geojit Investments Limited, said, as cited by news agency PTI.

Foreign investors turn buyers

Foreign Institutional Investors (FIIs) returning as net buyers also boosted market sentiment. Exchange data showed that FIIs purchased Indian equities worth Rs 200.05 crore on a net basis on Monday. Broader markets also ended higher, with the BSE MidCap Select index rising 0.64 per cent and the SmallCap Select index gaining 0.59 per cent. A total of 2,368 stocks advanced on the BSE, while 1,886 declined and 153 remained unchanged.

Global markets remain positive

Asian markets showed mixed trends on Tuesday. Japan’s Nikkei 225 and South Korea’s Kospi ended higher, while China’s Shanghai Composite and Hong Kong’s Hang Seng closed in negative territory. European markets were trading higher, while US markets ended Monday’s session in positive territory. The Nasdaq Composite surged 3.07 per cent, the S&P 500 gained 1.65 per cent and the Dow Jones Industrial Average climbed 0.92 per cent. The latest rally follows Monday’s strong performance, when the Sensex jumped 736.38 points, or 0.97 per cent, to close at 76,264.33, while the Nifty surged 231 points, or 0.98 per cent, to settle at 23,853.90.

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