Indian equity markets rebounded sharply on Tuesday, ending a three-day losing streak with strong gains. The recovery was driven by a technical pullback and positive sentiment across Asian markets, particularly Japan’s Nikkei 225, which surged 6.03%. Additionally, a nearly 2% rise in US Dow futures signaled improved investor confidence.
The 30-share benchmark index ended at 74227.08 up by 1089.18 points or by 1.49 % and then NSE Nifty was at 22535.85 up by 374.25 points or by 1.69 %.
Sensex touched intraday high of 74859.39 and intraday low of 73424.92 The NSE Nifty touched intraday high of 22697.2 and intraday low of 22270.85
The top gainers of the BSE Sensex pack were Titan Company Ltd. (Rs. 3123.25,+3.29%), Bajaj Finance Ltd. (Rs. 8842.15,+3.21%), State Bank of India (Rs. 769.15,+3.00%), Larsen & Toubro Ltd. (Rs. 3161.20,+2.94%), Bajaj Finserv Ltd. (Rs. 1903.00,+2.75%), among others.
The top losers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 288.95,-0.14%), among others.
Oil&Gas index was at 24156.41 up by 606.82 points or by 2.58%. Hindustan Petroleum Corporation Ltd. (Rs. 369.15,+4.47%), Bharat Petroleum Corporation Ltd. (Rs. 285.70,+4.12%), Adani Total Gas Ltd. (Rs. 588.50,+3.27%), Petronet LNG Ltd. (Rs. 285.00,+3.26%), Oil India Ltd. (Rs. 354.20,+3.11%),.
Power index was at 6376.52 down by 45 points or by 0.71%. Siemens Ltd. (Rs. 2764.40,-1.79%), Power Grid Corporation of India Ltd. (Rs. 288.95,-0.14%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4314 , shares advanced were 3212 while 954 shares declined and 148 were unchanged.