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Benchmark equity indices BSE Sensex and NSE Nifty50 ended with gains of over a per cent each on Tuesday
Benchmark Equity Indices Open Higher: Benchmark equity indices BSE Sensex and NSE Nifty50 closed with gains of over one per cent each on Tuesday. After reaching an intraday high of 78,658.59, the 30-share Sensex finished at 78,583.81, rising 1,397.07 points or 1.81% from its previous close.
Similarly, the NSE Nifty50 closed at 23,739.25, gaining 387.20 points or 1.62%. The index traded between 23,762.75 and 23,423.15 during the session.
Reliance Industries, a key index constituent, closed up 2.97% at Rs 1,282.90.
Among the Nifty50 stocks, 39 ended in the green, with Shriram Finance, Larsen & Toubro, Bharat Electronics, Adani Ports, and IndusInd Bank leading the gains, rising up to 5.65%. On the flip side, Trent, ITC Hotels, Britannia, Hero MotoCorp, and Nestle India were the top Nifty50 laggards, registering losses of up to 6.44%.
Broader indices mirrored the benchmarks, with midcap stocks leading the rally. The Nifty Midcap100 index rose 1.56%, while the Nifty Smallcap100 index gained 1.09%.
All sectoral indices, except the Nifty FMCG index, ended the day with gains.
Global Market Cues
In the Asia-Pacific region, markets rose on Tuesday following news that US President Trump had delayed tariffs on Mexico for a month. Additionally, Canada announced that proposed tariffs on its exports had been paused.
Japan’s Nikkei 225 rose by 1.49%, while the broader Topix index gained 1.17%. South Korea’s Kospi saw a 2.11% increase, and the small-cap Kosdaq climbed 2.85%.
In Australia, the S&P/ASX 200 was up by 0.42%, and Hong Kong’s Hang Seng index advanced by 1.4%. Chinese markets remained closed for the Lunar New Year holiday.