The Indian equity benchmarks closed Tuesday’s trading session on a positive note. After a weak start, the markets recovered in afternoon trade. The Sensex ended the day at 81,337.95, up by 0.55%, while the Nifty closed at 24,821.10, gaining 0.57%. Meanwhile, the Nifty Bank ended the session at 56,222, up by 0.24%.
Top 5 highlights from today’s market action
Top gainers
Among the top performers on the Sensex 30 were Larsen & Toubro (up 2%), Reliance Industries, Asian Paints, Bharti Airtel, Adani Ports, and Tata Motors, which rose between 1-2% each.
Key laggards
Stocks that weighed on the market included Eicher Motors, TCS, Axis Bank, Bharat Electronics, and Titan, all of which declined by 1-2% during the session.
Midday movers and shakers
Mazagon Dock shares slipped nearly 3% intraday after disappointing Q1 earnings. Home First Finance dropped as much as 5% during the day. Zen Technologies remained under selling pressure throughout the session.
Furthermore, Jio Financial Services rallied strongly on heavy volumes. Similarly, L&T surged and was among the top gainers following news of a major project win.
Broader market outperformance
Midcap and smallcap indices outperformed the benchmarks, with several sectoral indices trading in the green. Buying was seen across realty, capital goods, and financial services sectors.
The BSE midcap ended the day at 46,039.77, up 0.87%. Similarly, BSE smallcap closed the session at 53,790.12, up 1.10%.
Top sectors in Tuesday’s trade
Several sectors saw notable gains in Tuesday’s market session. The non-alcoholic beverages sector led the rally, rising by 5.61%, driven by broad-based buying. The rubber sector followed closely with a 3.66% gain. Fertiliser stocks surged 3.15%. The paints and pigments segment was up 1.8%, while auto ancillaries saw a 1.75% uptick.