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
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
“India Struck Pakistan Hard and Smart”: Tharoor Praises Operation Sindoor in the US
PM Modi Meets Maldives VP, Speaker to Boost Ties
Asia Cup 2025: India to Clash with Pakistan on September 14 in UAE
AI for India 2.0 Empowers Rural Youth
NEET-PG 2025 to Be Held on August 3: Supreme Court Allows NBE Extension, Denies Further Delay
- Compatible with Vivo V50 / V50e / V50 5G Elite Edition / iQOO Z10R / Vivo T4R 5G Only
- Ultra-Premium Design Language
- Slim & Lightweight Profile
- Compatible with Vivo V50 / V50e / V50 5G Elite Edition / iQOO Z10R / Vivo T4R 5G Only
- This Case Exudes a Luxurious Glossy Look with Gold Inserts
- Features Stylish & Latest Design Language
- Compatible with Vivo V50 / V50e / V50 5G Elite Edition / iQOO Z10R / Vivo T4R 5G Only
- Military-Grade Protection with Revolutionary 10X AirBag Design
- Micro-Fiber Cloth on Inside Protects from Scratches