Indian equity markets staged a smart recovery on Tuesday after a weak start. The Sensex settled 173 points higher, while the Nifty closed above the 25,700 mark, reversing early losses triggered by weakness in metal and auto stocks.
Sensex: +173 points at close
Nifty 50: Above 25,700
Top Gainers: ITC and BEL (up 2% each)
The session saw a clear shift in leadership, with IT stocks emerging as the top-performing sector.
IT Sector: Strong buying interest, leading the rally
Financials & Banks: Under pressure, consolidation phase
Metals & Auto: Dragged in early trade
FMCG, Healthcare & Chemicals: Steady, defensive positioning
The broader tone remains mixed but constructive, with investors rotating toward technology and select mid-cap stocks.
US futures slipped:
S&P 500 futures down 0.4%
Nasdaq 100 futures down 0.8%
Asian and Emerging Market indices were largely unchanged
Gold & Silver futures fell up to 2.5% on MCX, amid a firmer dollar and thin trading volumes
The market’s ability to recover from a weak opening signals resilience. However, with global cues mixed and financial stocks under pressure, the next move will likely depend on whether IT momentum sustains.
Will Nifty push toward 26,000 next – or will global weakness cap the upside?