The market extended its rally for the third straight session on Tuesday, with benchmarks closing higher amid broad-based buying. The BSE Sensex rose 208 points to settle near 84,274, while the Nifty 50 ended at 25,935, maintaining its position above the 25,900 mark.
Sectoral buying was strong in autos, metals, and mid-cap stocks, supporting the overall market sentiment. Among the gainers, Eternal Ltd surged over 5%, Tata Steel climbed around 3%, and Mahindra & Mahindra and Tech Mahindra added more than 1.5% each. On the losing side, HCL Technologies, Bajaj Finance, Bharti Airtel, and Adani Ports saw modest declines during the session.
Foreign institutional investors continued net buying, which helped sustain the market’s uptrend. The broader indices, including mid-cap and small-cap segments, outperformed, showing participation beyond just the frontline stocks. Positive cues from global markets and selective corporate earnings also bolstered investor confidence.
A decisive move above these levels could continue the recovery. Strategists suggested selective accumulation in fundamentally strong stocks while monitoring earnings trends for sustained gains.
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