The Indian stock exchanges concluded Tuesday’s session on a high note, with both the Nifty 50 and Sensex benchmarks recording gains exceeding 0.40%. Market sentiment remained buoyed by robust performances in the financial services and automotive industries.
Conversely, the technology sector struggled to maintain momentum. The Nifty IT index took a hit, declining by more than 1% as traders braced for potential interest rate adjustments by the U.S. Federal Reserve.
Individual stocks drew significant investor attention throughout the trading day. Notable gainers included Bata India, Nykaa, and Adani Power, which all saw positive price action.
Other key performers rounding out the top gainers list included:
- KPR Mill
- HFCL
- Meesho