Kamal Ghorui
Benchmark equity indices Sensex and Nifty closed higher on Tuesday after staging a strong intraday recovery, helped by easing crude oil prices, upbeat global cues and buying in information technology stocks.The 30-share BSE Sensex climbed 509.73 points, or 0.69 per cent, to settle at 74,616.58, while the NSE Nifty50 rose 155.40 points, or 0.68 per cent, to end at 23,123.65.The session was highly volatile. The Sensex touched an intraday high of 74,686.32 and a low of 73,282.41, swinging 1,403.91 points through the day before ending firmly in the green.Markets had opened weak, but recovered steadily as investor sentiment improved amid a decline in global crude prices and gains across key Asian, European and US markets.
Top Nifty50 gainers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| Wipro | 204.72 | 7.44 ↑ | 3.77% ↑ |
| Hindalco | 954.50 | 27.10 ↑ | 2.92% ↑ |
| HCL Tech | 1,442 | 38.30 ↑ | 2.73% ↑ |
| TCS | 2,540 | 65.90 ↑ | 2.67% ↑ |
| Infosys | 1,339 | 33.20 ↑ | 2.55% ↑ |
| Bharti Airtel | 1,830 | 37.50 ↑ | 2.10% ↑ |
| ONGC | 286.65 | 4.80 ↑ | 1.71% ↑ |
| Tech Mahindra | 1,473 | 23.90 ↑ | 1.65% ↑ |
| JSW Steel | 1,152 | 18.30 ↑ | 1.62% ↑ |
| Sun Pharma | 1,718 | 23.40 ↑ | 1.39% ↑ |
Top Sensex gainers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| HCL Tech | 1,442 | 38.30 ↑ | 2.73% ↑ |
| TCS | 2,540 | 65.90 ↑ | 2.67% ↑ |
| Infosys | 1,339 | 33.20 ↑ | 2.55% ↑ |
| Bharti Airtel | 1,830 | 37.50 ↑ | 2.10% ↑ |
| Tech Mahindra | 1,473 | 23.90 ↑ | 1.65% ↑ |
| Sun Pharma | 1,718 | 23.40 ↑ | 1.39% ↑ |
| HUL | 2,111 | 25.80 ↑ | 1.24% ↑ |
| ITC | 298.45 | 3.60 ↑ | 1.23% ↑ |
| ICICI Bank | 1,246 | 14.10 ↑ | 1.15% ↑ |
| Tata Steel | 198.13 | 2.04 ↑ | 1.04% ↑ |
Top Nifty50 losers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| Kwality Wall’s | 23.73 | -0.67 ↓ | -2.75% ↓ |
| Dr. Reddys | 1,196 | -21.71 ↓ | -1.79% ↓ |
| Adani Ent. | 1,882 | -20.11 ↓ | -1.06% ↓ |
| InterGlobe | 4,269 | -43.70 ↓ | -1.02% ↓ |
| Apollo Hospital | 7,327 | -46.50 ↓ | -0.64% ↓ |
| M&M | 3,007 | -15.00 ↓ | -0.50% ↓ |
| Adani Ports SEZ | 1,381 | -6.10 ↓ | -0.44% ↓ |
| Titan Company | 4,231 | -15.50 ↓ | -0.37% ↓ |
| Trent | 3,823 | -10.60 ↓ | -0.28% ↓ |
| SBI | 1,030 | -2.35 ↓ | -0.23% ↓ |
Top Sensex losers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| Kwality Wall’s | 23.73 | -0.67 ↓ | -2.75% ↓ |
| InterGlobe | 4,269 | -43.70 ↓ | -1.02% ↓ |
| M&M | 3,007 | -15.00 ↓ | -0.50% ↓ |
| Adani Ports SEZ | 1,381 | -6.10 ↓ | -0.44% ↓ |
| Titan Company | 4,231 | -15.50 ↓ | -0.37% ↓ |
| Trent | 3,823 | -10.60 ↓ | -0.28% ↓ |
| SBI | 1,030 | -2.35 ↓ | -0.23% ↓ |
| UltraTech Cem. | 10,936 | -19.00 ↓ | -0.18% ↓ |
| L&T | 3,723 | -4.40 ↓ | -0.12% ↓ |
| Eternal | 231.97 | -0.23 ↓ | -0.10% ↓ |
IT stocks lead rebound as TCS, Infosys, HCL Tech among top gainers
Among the 30 Sensex constituents, Tata Consultancy Services, HCL Tech, Infosys, Bharti Airtel, Sun Pharma and Hindustan Unilever were the top gainers.On the other hand, InterGlobe Aviation, Adani Ports, Mahindra & Mahindra and Titan ended among the laggards.Sectorally, IT emerged as the standout performer, with BSE-Focused IT surging 2.46 per cent and the broader IT index gaining 2.37 per cent. Realty rose 1.70 per cent, metal 1.55 per cent, commodities 0.83 per cent, hospitals 0.83 per cent and FMCG 0.71 per cent, PTI said.PSU banks, consumer durables, services, BSE MidSmall Private Banks Quality Tilt and consumer discretionary indices ended in the red.
Analysts say recovery driven by short-covering
“Indian markets staged a sharp intra-day recovery, with Nifty reversing early losses to reclaim higher levels, driven largely by short-covering and selective sectoral strength rather than broad-based buying conviction,” Hariprasad K, research analyst and founder, Livelong Wealth, said, as quoted by news agency PTI.He added that a key driver of the day’s rally was the strong outperformance in IT, which acted as a defensive anchor.Vinod Nair, head of research at Geojit Investments Ltd, said the domestic market extended its recovery despite opening on a weak note.“The domestic market extended its recovery trend, although the session opened on a weak note amid elevated crude prices and caution ahead of Trump’s deadline for Iran. Gains remained largely confined to IT, FMCG, and metal, while broader market breadth stayed weak, reflecting persistent caution,” he said, according to PTI.Ponmudi R, CEO of Enrich Money, said Indian equities continued to show resilience even as the Middle East conflict entered its sixth week.“This reflects a clear behavioural shift, where investors are now pricing in meaningful developments rather than reacting to headline-driven noise,” he said.
Crude eases, global markets support sentiment; FIIs remain net sellers
Brent crude, the global oil benchmark, fell 0.71 per cent to $109 per barrel, offering some relief to investors.In Asia, South Korea’s Kospi, Japan’s Nikkei 225 and Shanghai’s SSE Composite all ended higher, while Hong Kong markets were shut for a holiday. European markets were also trading in positive territory, and US equities had ended higher overnight.On the institutional front, Foreign Institutional Investors (FIIs) sold equities worth Rs 8,167.17 crore on Monday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 8,088.70 crore, according to exchange data.Market breadth remained positive on the BSE, where 2,671 stocks advanced, 1,555 declined and 155 remained unchanged.On Monday, the Sensex had gained 787.30 points, or 1.07 per cent, to close at 74,106.85, while the Nifty had advanced 255.15 points, or 1.12 per cent, to finish at 22,968.25.
