Equity indices traded with modest gains on Tuesday as investors remained optimistic amid easing crude oil prices, sustained foreign institutional buying and positive global cues. The upbeat sentiment helped extend the market’s recent winning streak, with both the Sensex and Nifty staying comfortably in positive territory through the session.
The BSE Sensex climbed over 250 points during morning trade to reclaim the 78,500 level, while the NSE Nifty moved above 24,500. Buying interest was largely concentrated in information technology, financial and select metal stocks, although profit booking in a few heavyweight counters capped sharper gains.
IT shares emerged as the biggest support for the market after recent underperformance. Infosys and TCS featured among the top gainers, supported by fresh buying ahead of the earnings season. Other notable gainers included HCLTech, Tech Mahindra and Hindalco, reflecting improved investor confidence in technology and metals.
On the losing side, Trent came under sharp selling pressure after disappointing investors with its latest business update. Kotak Mahindra Bank also remained under pressure, while Bajaj Finserv, Coal India and Max Healthcare traded lower, limiting broader market gains.
Market participants continued to monitor foreign institutional investor (FII) activity, which has remained supportive in recent sessions. Softer crude oil prices also boosted sentiment by easing concerns over inflation and India’s import bill. Analysts believe stable global markets and improving domestic liquidity have encouraged investors to selectively accumulate quality stocks.
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