Indian stock markets witnessed a positive trend on Tuesday as benchmark indices continued to trade in the green. BSE Sensex surged nearly 550 points, while NIFTY 50 moved above the 24,200 level.
Although the rally cooled slightly during the afternoon session, the overall market sentiment remained positive with steady buying across several sectors.
The Auto and PSU Bank sectors were among the top performers of the day, each gaining nearly 2%. Strong buying interest in automobile stocks helped support the broader market and kept the indices in positive territory.
Investors showed confidence in these sectors, contributing to the market’s upward momentum.
While most sectors traded higher, the NIFTY IT index declined by nearly 1%, limiting the overall market gains.
Weakness in IT stocks added some pressure on the benchmark indices during the afternoon trade.
Among individual stocks, Shriram Finance emerged as one of the top gainers in the market with strong buying activity. The stock led the rally among financial and lending companies.
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