| The key equity benchmarks ended with moderate gains, extending gains for third consecutive trading session. Market sentiment was supported by foreign institutional investor (FII) buying, firm global cues, and optimism over the India-US interim trade deal. The Nifty ended above the 25,900 level.
The barometer index, the S&P BSE Sensex, jumped 208.17 points or 0.25% to 84,273.92. The Nifty 50 index rallied 67.85 points or 0.26% to 25,935.15. In the three consecutive trading sessions, Sensex and Nifty jumped 1.15% and 1.14%, respectively.
In the broader market, the BSE 150 MidCap Index climbed 0.21% and the BSE 250 SmallCap Index rose 0.46%. The market breadth was strong.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 4.30% to 11.67.
Among the sectoral indices, the Nifty Media index (up 2.40%), the Nifty Auto index (up 1.37%) and the Nifty Realty index (up 0.36%) outperformed the Nifty 50 index.
Meanwhile, the Nifty Pharma index (down 0.36%), the Nifty Healthcare index (down 0.27%) and the Nifty PSU bank index (down 0.19%) underperformed the Nifty 50 index.
Numbers to Track:
The yield on India's 10-year benchmark federal paper shed 0.34% to 6.738 compared with previous session close of 6.761.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 90.5775 compared with its close of 90.6600 during the previous trading session.
MCX Gold futures for 2 April 2026 settlement rose 0.08% to Rs 158,200.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.02% to 96.87.
The United States 10-year bond yield shed 0.29% to 4.182.
In the commodities market, Brent crude for April 2026 settlement shed 13 cents or 0.19% to $69.04 a barrel.
Global Markets:
European stocks traded mixed on Tuesday, as investors digested a deluge of quarterly earnings from some of the continent’s largest companies against the backdrop of generally positive global sentiment.
Asian markets ended higher as Japan’s Nikkei 225 continued its post-election rally and reached new highs.
The Japanese market continues to ride the "Takaichi trade” in the wake of Prime Minister Sanae Takaichi's landslide victory in the Lower House.
Overnight in the U.S., the S&P 500 rose on Monday, boosted by technology stocks, while the Dow Jones Industrial Average reached new heights as investors awaited critical economic data and another batch of earnings reports.
The broad-based index advanced for a second straight day, rising 0.47% and ending at 6,964.82. The blue-chip Dow eked out a 20.20-point gain, or 0.04%, and settled at 50,135.87. The Nasdaq Composite jumped 0.9%, closing at 23,238.67.
Investors will also be watching for the delayed January jobs report from the Bureau of Labor Statistics, which is due out Wednesday. The release was initially scheduled for last Friday but was postponed due to the partial government shutdown. It also comes after ADP reported last week that private payrolls increased by a mere 22,000 in January.
The January consumer price index reading—which was also delayed by the shutdown—is due out Friday, with the consensus looking for a 2.5% annual rate.
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