Indian stock markets continued their upward trend on Tuesday, driven by buying in major stocks such as ICICI Bank, ITC, and others. Early gains were limited by profit booking in select banking shares.
The Sensex rose over 100 points in early trade and was trading at 81,843, up 52 points or 0.06 per cent. The Nifty gained 34 points or 0.14 per cent, reaching 25,112 after an intra-day high of 25,140. Top Sensex gainers included Power Grid, Bajaj Finance, HCL Tech, Bharti Airtel, ICICI Bank, Ultratech Cement, NTPC, Hindustan Unilever, Bajaj Finserv, and BEL.
Major losers included Trent, Axis Bank, Tata Motors, TCS, SBI, Kotak Bank, Tech Mahindra, HDFC Bank, and Infosys, slipping up to 2.7 per cent. In the broader market, the Nifty MidCap index gained 0.08 per cent, while the Nifty SmallCap index rose 0.41 per cent, indicating strong interest in smaller companies.
Among sectoral indices, Nifty Metal and Nifty IT were top performers, each gaining 0.4 per cent. Nifty PSU Bank fell 0.3 per cent due to profit booking. Analysts said positive sentiment remains, and short-covering could trigger further gains if market news turns favourable.
