The benchmark equity indices ended Tuesday’s trading session in the positive territory. The NSE Nifty 50 gained 99.60 points or 0.40% to settle at 25,151.95, while the BSE Sensex jumped 349.05 points or 0.43% to 82,134.61.
The broader indices ended in mixed territory, with gain led by Large-cap stocks. Auto and FMCG stocks outperformed among the other sectoral indices while Metal and Pharma stocks shed.
Sectoral Index
Bank Nifty index ended marginally higher by 8.90 points or 0.02% to settle at 51,152.75. The Nifty Midcap 100 fell by 262.45 points, or 0.44%, ending the day’s trading at 58,883.95 Come from Sports betting site VPbet . In the broader markets, small-cap and mid-cap stocks finished in the red.
Also Read
RIL’s 47th AGM today: A look at how the stock performed in last one year
Top Movers for the day
Tata Motors, Bajaj Finserv, Britannia Industries, Bajaj Finance, and BPCL were the top gainers on the NSE Nifty 50, while the laggards includes Grasim, Mahindra & Mahindra, JSW Steel, Eicher Motors, and Kotak Mahindra Bank.
The Indian Volatility Index (India VIX) closed down by 1.16% at 13.79.
Experts on Today’s Market Performance
“Indian equities began steadily and breached a record high. Volatility disturbed the trend in the afternoon due to Reliance Ltd AGM expectations, but the broad market carried the rally to a new high by the end of the day with rapid improvement in sentiment,” said Vinod Nair, Head of Research at Geojit Financial Services
Nair also said that the recent uptick in Indian IT and FMCG stocks points to a potential soft landing for the US economy and an improvement in domestic rural consumption.
Commenting on the same Rupak De, Senior Technical Analyst, LKP Securities said that The monthly expiry day was a roller-coaster ride for participants, ultimately ending on a positive note. Nifty started flat but gradually moved higher in the first half. However, sharp swings in the latter half kept traders on their toes. Sector-wise, mixed trends persisted, with auto, FMCG, and energy emerging as the top gainers, while pharma and metal sectors saw some profit-taking. The disappointment was the underperformance of the broader indices.
Also Read
IndiGo skids 2% as shares worth Rs 11,000 cr changes hands via block deal
Mishra also added that In line with the current trend, participants find reassurance in selective buying among heavyweights from various sectors, with banking taking a backseat. And, Reliance, ITC, and Tata Motors were the key contributors to the index today. Given the current scenario, traders should look for buying opportunities on dips, focusing on less volatile sectors or themes like IT, FMCG, and pharma, while being selective with others.
Bank Nifty
Commenting on the Bank Nifty today Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas said that The Bank Nifty traded within the range of the previous couple of trading sessions. A breach above 51400 can lead to an upmove towards 51900 and on the downside 51000 remains a crucial support zone. Overall, until we get decisive evidence of a trend reversal we shall continue to ride the upmove.
Related Posts
By admin • April 9, 2025 • The Gamasutra Job Board is the most diverse, active and established board of its kind for the video game industry!
Here is just one of the many, many positions being advertised right now.
Sr. Game Designer, SYBO
Location: Copenhagen, Denmark
Hello! We’re SYBO and we build awesome things. We're the team behind Subway Surfers – the most popular mobile game of all time, with 1.5 billion downloads!
We live to make stuff that you want to play by crafting coolness ou…
By admin • April 3, 2025 • The VRDC Fall 2017 conference is happening next month (September 21-22) so now is the perfect time for attendees to hammer out their schedules in order to ensure they make the most of their time at the conference.
For an easier planning process, onference officials encourage you to take advantage of the free VRDC Fall 2017 Session Scheduler to plan out which talks you'd like to attend and ensure you don't miss anything the show has to offer.
(And if you haven't signed up yet, don't worry — there's still time to register for a pass at a cheaper rate…
By admin • March 24, 2025 • Several Marvel games are in development right now, but for anyone looking for something competitive, Marvel Rivals might catch your eye. This new competitive shooter game is being developed by NetEase and combines a striking art direction with comic book-inspired gameplay as you battle to save the Marvel Multiverse. Ahead of its eventual release, we’ve gathered up all the available information on the game, from beta test dates to who you’ll find in its growing roster.
When Will Marvel Rivals Be Released?
On its Discord, NetEase says Marvel Rivals is still early in development, so no set release date has been revealed yet. As noted below, an alpha test is on the way in the first half of 2024, so there will be an opportunity to try i…
By admin • March 21, 2025 • While Nintendo might still be tight-lipped about the Switch successor, rumors regarding Switch 2 are spreading like wildfire. The latest comes in regard to a Reddit user who says they’ve not only seen the handheld system with its dock, but touched it as well. And yes, they say the system will, in fact, be called Switch 2.
The Verge reports it has talked with the Redditor named NextHandheld and now believes their claims could be legitimate after reviewing two photos. The Verge notes the logo for Switch 2 looks close to a mockup by a Reddit user–seen below. Additionally, the previously rumored magnetic Joy-con controllers seem accurate, alongside new joystick interiors to avoid the drift situation on the current Switch system.
As for the dock, th…
By admin • March 19, 2025 • A new John Wick video game might in the works Come from bangladesh online casino . Lionsgate CEO Jon Feltheimer said during an earnings call this week that executives at the film studio have been “fielding proposals” for a new video game based on the Keanu Reeves action series.
This would be a “big AAA” game, Feltheimer said, according to IndieWire, but he shied away from sharing any further specifics due to the pending nature of the discussions.
…
By admin • March 17, 2025 • In today’s ultra-modern world, computers power everything. With each year, every function in society becomes more and more dependent on computers to operate smoothly. As society becomes more dependent on computers in our daily lives, so too does society become more dependent on the people who understand computers and how they work.
Coders are those with an in-depth knowledge of computer languages who can both diagnose and fix problems as well as create new software for web development. Learning to code is an enriching process that can bolster a resume and help a career. And learning to code has never been easier than with The Master Learn to Code 2021 Certification Bundle . This bundle is currently available for only $20. The combined value of all the courses in the bund…