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Indian Equities Rebound: Nifty Retakes 24,300 Amid Monthly Expiry

Indian markets staged a late-session recovery on Tuesday, with the Nifty ending firmly above the 24,300 mark following volatile monthly expiry trading.

MustakAug 25, 20261 min read
#stock exchange#finance#trading floor#india

Indian markets showcased resilience during Tuesday's trading session, overcoming intraday volatility to close in positive territory. The Sensex climbed 287 points, while the Nifty 50 pushed past the 24,300 threshold as investors navigated the first monthly expiry under the new Continuous Clearing and Settlement (CAS) framework.

Sectoral performance remained mixed throughout the day. Pharma, PSU banks, and consumer durables acted as the primary drivers of growth, providing a necessary buffer against downward pressure. Conversely, the private banking and metal segments faced headwinds, capping more aggressive gains for the broader indices.

Individual stock movements highlighted shifting sentiment among major players. Traders favored IndiGo, Adani Ports, Infosys, and Trent, which posted notable gains. Meanwhile, profit-taking was observed in companies like Eternal and HCLTech, which lagged behind the broader market momentum.

As the markets process the latest structural shifts in settlement cycles, analysts are closely monitoring institutional flows for signs of stability. Tuesday’s green close suggests that despite the underlying jitters associated with monthly settlement, buyer interest remains robust at key support levels.

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