Stock Market Updates: Sensex Jumps Over 100 Points, Nifty Above 25,950; SBI, Airtel Up 1% Each

Indian stock markets opened higher on Tuesday, defying weakness in other Asian peers, as investors tracked global trade developments and awaited a fresh set of Q2 FY26 corporate earnings to gauge the market direction.

The BSE Sensex was trading at 84,877, up 98 points (0.12%), while the NSE Nifty50 tested the 26,000 mark, rising 26 points (0.10%) to 25,992.

In the broader market, sentiment remained positive with the Nifty MidCap index edging up 0.08% and the Nifty SmallCap index gaining 0.36%.

Among sectors, public sector banks led the advance, with the Nifty PSU Bank index rising 1.2%, emerging as the top performer in early trade.

MCX Faces Tech Glitch

Trading on the Multi Commodity Exchange (MCX) was temporarily halted and will now begin at 9:30

AM on Tuesday, instead of the usual start time, due to a technical issue, the exchange said in an early morning notice. “Members are requested to note that trading will start at 9:30 AM due to a technical issue. Trading will commence from the DR site. Inconvenience is regretted,” MCX stated on its official portal.

Global Cues

Asian markets traded lower on Tuesday as investors awaited US President Donald Trump’s meeting with Japan’s new Prime Minister Sanae Takaichi, marking the first formal talks between the two leaders. Trump had met Emperor Naruhito on Monday.

In regional trade, Japan’s Nikkei was down 0.25%, Topix fell 0.49%, Kospi led losses with a 1.4% drop, and Australia’s ASX 200 slipped 0.31%.

The weakness in Asia came despite a strong finish on Wall Street overnight, where all three major US indices closed at record highs. The S&P 500 rose 1.23%, the Nasdaq Composite gained 1.86%, and the Dow Jones Industrial Average advanced 0.71%.

Investors are now focused on Big Tech earnings, the upcoming US Federal Reserve rate decision, and progress toward a potential US–China trade agreement, all of which could shape near-term market sentiment.