Indian benchmark indices traded higher on Tuesday, as the BSE Sensex rose more than 350 points during the session, while the NSE Nifty 50 crossed the 23,100 mark.
The market recovery came after a decline in global oil prices following signs of easing tensions in the Middle East. Lower crude prices reduced concerns over inflation and India’s import bill, encouraging investors to return to equities.
Financial stocks led the rally, with private banks, PSU banks and financial services companies witnessing strong buying interest. Realty shares also advanced, helping support broader market gains. In contrast, information technology stocks remained under pressure, making IT one of the weakest-performing sectors of the day.
Among individual stocks, InterGlobe Aviation (IndiGo) featured among the top gainers after brokerages maintained positive outlooks on the airline’s growth prospects. Retail major Trent also gained, continuing its recent upward momentum.
Rail Vikas Nigam Ltd (RVNL) climbed after securing a railway contract worth around ₹221 crore, while Redington advanced following positive market reaction to Apple’s announcements at its Worldwide Developers Conference (WWDC) 2026.
On the losing side, NLC India declined after the government launched an offer for sale (OFS) of up to a 3% stake in the company. IT heavyweight TCS and several other technology stocks also traded lower amid sector-specific weakness.
Meanwhile, bond yields softened as falling crude prices and recent Reserve Bank of India measures aimed at attracting foreign currency inflows improved sentiment in debt markets. The rupee remained relatively stable against the US dollar.
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