The S&P BSE Sensex added 136.63 points, or 0.17%, to close at 81,926.75, while the NSE Nifty 50 rose 30.65 points, or 0.12%, to end at 25,108.30.
Here’s how analysts read the market pulse:
The domestic equity market started on a positive note, supported by favorable global cues and anticipation surrounding the upcoming earnings season, said Vinod Nair, Head of Research at Geojit Investments, adding that the market, however, ended with flattish gains as expectations for Q2 FY26 earnings remain modest.
“Market’s short-term focus will shift toward corporate commentary for insights into potential recovery in Q3. Sectoral performance was mixed, with financial stocks advancing on the back of RBI reforms announced in the last policy meet, whereas FMCG stocks underperformed due to subdued pre-result updates,” said Nair.
Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they’re saying now!
US markets
The S&P 500 and the Nasdaq nudged higher on Tuesday, with the benchmark index hitting a fresh intraday record high, while investors awaited commentary from a slate of Federal Reserve speakers for clarity on policy direction.
Optimism around artificial intelligence and expectations of looser monetary policy have been keeping the equity rally alive, despite concerns over stretched valuations and limited data releases as the federal government shutdown entered its seventh day.
European Markets
European shares inched lower on Tuesday as losses in healthcare stocks weighed and French stocks remained under pressure following Monday’s political turmoil, though gains in energy and luxury giants helped limit losses.
The pan-European STOXX 600 inched 0.1% lower, coming off its record highs hit in the previous session.
French blue-chips slipped 0.1%, extending losses after Monday’s sharp fall following Prime Minister Sebastien Lecornu’s sudden resignation.
Tech View
After three consecutive confident closings, Nifty faced selling pressure near its resistance zone of 25200–25250 on Tuesday’s session, indicating that bulls might take a pause, leading to a possible short-term consolidation, said Vatsal Bhuva, Technical Analyst at LKP Securities, adding that “However, as long as the index sustains above 24900 levels, where its 50-day EMA is placed, the outlook remains positive.”
“On the derivatives front, both call and put writers were active, with notable OI additions at the 25000 put and 25200 call strikes. Hence, Nifty is expected to trade in a range of 24950–25300, with support at 24950–25000 and resistance at 25250–25300,” said Bhuva.
Also read | Warren Buffett’s biggest investment isn’t Apple, BofA or Coca-Cola — it’s a stock hidden in plain sight
Most active stocks in terms of turnover
HDFC Bank (Rs 2,512 crore), ICICI Bank (Rs 2,222 crore), Tata Investment (Rs 1,958 crore), Orient Refractories (Rs 1,850 crore), RIL (Rs 1,559 crore), Netweb Technologies (Rs 1,515 crore) and BSE (Rs 1,331 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day.
Most active stocks in volume terms
Vodafone Idea (Traded shares: 145.17 crore), YES Bank (Traded shares: 12.01 crore), Adani Power (Traded shares: 5.53 crore), Suzlon Energy (Traded shares: 5.06 crore), Orient Refractories (Traded shares: 3.75 crore), Sammaan Capital (Traded shares: 3.29 crore) and JP Power (Traded shares: 3.06 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Shares of Orient Refractories, Vodafone Idea, BLS International Services, Bharti Hexacom, Ircon International, IGL and DOMS Industries were among the stocks that witnessed strong buying interest from market participants.
Also read | Explained: What is China’s anti-involution shift and how it impacts Indian stocks
52 Week high
Over 175 stocks hit their 52 week highs today while 130 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included FSN E-Comm (Nykaa) and Muthoot Finance.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Tata Investment, Happiest Minds, Gujarat Mineral Development, TBO Tek, PTC Industries, ABB Power and Indegene.
Sentiment meter bearish
The market sentiments were bearish. Out of the 4,322 stocks that traded on the BSE on Tuesday, 2,420 stocks witnessed declines, 1,761 saw advances, while 141 stocks remained unchanged.
Also read | Ola Electric vs Ather Energy shares: Which EV bet looks stronger for your portfolio right now?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
as a Reliable and Trusted News Source