Synopsis : Indian equities traded higher on Tuesday in line with Asian markets, supported by auto and energy stocks. Investor sentiment improved on optimism around global trade talks, with focus shifting to the US Fed’s upcoming rate decision.
Indian stock markets advanced on Tuesday, mirroring strength in broader Asian peers as traders cheered progress in US trade negotiations with China and India. The BSE Sensex rose over 300 points, while the NSE Nifty50 climbed past 25,150, extending gains for a second straight session.
Auto stocks led the rally, with Adani Enterprises and Hero MotoCorp emerging as the top index gainers. Market breadth was largely positive, with most sectors trading in the green and only a handful showing mild weakness. The early trend reflected cautious optimism as investors weighed global developments and awaited the Federal Reserve’s monetary policy decision.
On the IPO front, Euro Pratik Sales launched its issue, aiming to raise ₹451.3 crore at a price band of ₹235–₹247 per share. The offering follows a ₹135 crore pre-IPO placement by noted investor Ashish Kacholia. The company is set to list on both NSE and BSE.
Global Market Snapshot:
S&P 500 futures: flat as of 11:48 a.m. Tokyo time
Japan’s Topix: +0.4%
Australia’s S&P/ASX 200: +0.2%
Hong Kong’s Hang Seng: -0.2%
Shanghai Composite: -0.3%
Euro Stoxx 50 futures: flat
Analysts believe near-term momentum may remain positive, with auto and infra names leading gains, though global central bank cues will dictate market direction in the coming days.
Disclaimer : This article is for informational purposes only and should not be treated as financial or investment advice. Readers should consult licensed financial advisors before making investment decisions.
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