Synopsis : Markets rebounded sharply on Tuesday as softer-than-expected domestic inflation and firm global cues lifted investor sentiment. The Sensex rallied over 400 points while Nifty climbed past the 25,200 mark, led by gains in banking, auto, and pharma stocks.
Indian stock markets staged a strong comeback on Tuesday, buoyed by a steep drop in domestic inflation, which hit its lowest level in over six years, alongside upbeat cues from Asian markets. The BSE Sensex rose over 400 points, crossing the 83,000 mark, while the Nifty 50 reclaimed 25,200, snapping a four-session losing streak.
This rally came after markets had been under pressure from global trade uncertainties and foreign outflows. However, Tuesday’s sentiment was bolstered by signs of easing price pressure, which could give the RBI more room on interest rates.
Sectoral Overview:
Almost all major sectors traded in the green:
Nifty Auto, Pharma, Realty, Consumer Durables, and Oil & Gas led the way.
Broader indices also participated, with the Nifty Midcap and Smallcap indices posting notable gains.
Top Gainers:
HDFC Bank and M&M were the standout gainers on the Sensex.
Sun Pharma, Infosys, Tata Motors, and Asian Paints also opened strong.
Top Losers:
HCL Technologies, UltraTech Cement, ICICI Bank, and Eternal (Zomato) edged lower despite the broader rally.
Key Market Moves:
Tejas Networks slumped 10% to a 52-week low after reporting a Rs 194 crore loss in Q1FY26.
Tata Technologies gained 3% following a 5% YoY rise in profit, despite a marginal dip in revenue.
Oberoi Realty jumped 3% after its consortium won a Rs 919 crore bid for Mumbai’s Hotel Horizon under a resolution plan.
Global Market Snapshot:
S&P 500 futures rose 0.1%
Australia’s ASX 200 gained 0.5%
Hong Kong’s Hang Seng inched up 0.2%
Shanghai Composite dropped 0.9%
Euro Stoxx 50 futures remained flat
Market Recap:
On Monday, both Sensex and Nifty logged a fourth straight day of declines, battered by global tariff tensions and sustained foreign institutional investor (FII) selling. The sharp turnaround today could mark the beginning of a near-term rebound if inflation and global sentiment continue to stabilize.
Disclaimer : This article is for informational purposes only and does not constitute financial advice. Please consult a qualified investment advisor before making any trading or investment decisions.
