Sensex Today: Indian benchmark indices Sensex and Nifty staged a strong rebound on Tuesday, led by buying in banking and metal counters.
Sentiment was also supported by expectations around the formal announcement
of the India–European Union (EU) free-trade agreement (FTA).
At 9:51 AM, the BSE Sensex was trading at 81,793.36, up 255.66 points or 0.31 per cent, recovering 704.71 points from the day’s low of 81,088.59.
The Nifty50, too, bounced back to 25,151.40, gaining 102.75 points or 0.41 per cent, after rebounding 218.85 points from its intraday low of 24,932.55.
Among Sensex stocks, Axis Bank, UltraTech Cement and Adani Ports emerged as the top gainers, while Kotak Mahindra Bank, Maruti Suzuki and M&M were the key laggards.
The broader market also traded in positive territory, with the Nifty SmallCap 100 index rising 0.22 per cent and the Nifty MidCap 100 index advancing 0.42 per cent.
On the sectoral front, the Nifty Metal index led the gains with a rise of over 1 per cent, whereas the Nifty Auto index was the biggest drag, slipping nearly 1.5 per cent.
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Global cues
Asian markets traded mixed after US President Donald Trump rekindled tariff concerns by threatening higher duties on South Korea. South Korea’s KOSPI rose as much as 0.7 per cent after an early decline, while Japan’s Nikkei 225 was up 0.1 per cent at last check.
US equities ended higher on Monday as investors positioned themselves ahead of key mega-cap earnings and the Federal Reserve’s interest rate decision later this week. The S&P 500 gained 0.50 per cent, the Nasdaq Composite advanced 0.43 per cent, and the Dow Jones Industrial Average climbed 0.64 per cent.
