Ketaan Ram Kataria
New Delhi: Indian equity markets ended higher on Tuesday, with the Sensex rising 105 points and the Nifty reclaiming the 24,400 mark.
The resilience came despite heightened tensions between India and Pakistan, indicating investor confidence in the domestic economic fundamentals.
The BSE Sensex closed at 80,351.64, up by 105.04 points or 0.13%, while the NSE Nifty 50 settled at 24,401.05, advancing 30.15 points or 0.12%. Key sectors including banking, FMCG, and oil & gas witnessed strong buying activity, providing support to the indices.
Shares of Adani Enterprises, ONGC, NTPC, and HDFC Bank were among the top gainers on the Nifty, while Wipro, Tech Mahindra, and Infosys saw minor declines. Analysts said investors are looking beyond short-term geopolitical noise and focusing on robust earnings and macro indicators.
“Markets are factoring in strong domestic demand, stable corporate earnings, and expectations of continued policy support,” said a senior analyst at a leading brokerage.
Global cues remained mixed as investors awaited key U.S. economic data and the Federal Reserve’s next move on interest rates. However, the Indian rupee remained largely steady against the U.S. dollar.
Market participants will continue to monitor geopolitical developments, monsoon forecasts, and inflation data in the coming days, which could influence investor sentiment further.
