Stock Market Today: Sensex Surges 447 Points, Nifty50 Ends Above 24,800 Amid Broad-Based Buying

July 29, 2025 MTIMES 49 Views BSE updates, FII selling, global market trends, HDFC Bank, Indian stock Market, Market Rally, metal stocks, Nifty predictions, Nifty50 live, Q1 results 2025, Reliance share price, Sensex Today, Stock market today 3 min read

Stock Market Today: Indian equity indices rebounded strongly on Tuesday, snapping a three-day losing streak, buoyed by gains in Reliance Industries, HDFC Bank, and other heavyweights. The Nifty50 index rose 140.20 points (0.57%) to close at 24,821.10, while the BSE Sensex climbed 446.93 points (0.55%) to settle at 81,337.95.

During intraday trade, the Sensex surged as much as 538.86 points, touching a high of 81,429.88.

Reliance, HDFC Bank Lead Gains: Key Highlights of Stock Market Today

Among top Sensex performers, Reliance Industries jumped 2.21%, followed by gains in Larsen & Toubro, Asian Paints, Tata Motors, Adani Ports, Tata Steel, Maruti Suzuki, Bharti Airtel, Bajaj Finance, and HDFC Bank.

Losers on the index included Axis Bank, Tata Consultancy Services, Titan, and ITC, which saw marginal declines.

Sector-wise performance showed broad positivity:

Metal, pharma, and realty led the rally
IT, financials, and FMCG sectors lagged due to weak Q1 results

Expert View: Market Outlook Remains Cautiously Optimistic

Despite uncertainties around US–India trade talks, markets saw a modest recovery from intraday lows. While FIIs remained net sellers, most sectors closed in the green.

Investor sentiment remains cautious with key triggers ahead:

U.S. Fed policy decision
August 1 reciprocal tariff deadline
Monthly F&O expiry
Ongoing Q1 results

Resistance for Nifty50 is expected around 25,000 to 25,100 in the near term.

Global Market Update and FIIs Activity

Foreign Institutional Investors (FIIs) sold equities worth ₹6,082.47 crore on Monday
In Asia:
- Japan’s Nikkei 225 and Hong Kong’s Hang Seng declined
- South Korea’s Kospi and China’s SSE Composite ended higher
European markets showed positive early trends
U.S. markets ended Monday on a mixed note
Brent crude edged up 0.63% to USD 70.48 per barrel