The Nifty 50 closed at 24,821.10, adding 140.20 points or 0.57%, while the BSE Sensex settled 446.93 points or 0.55% higher at 81,337.95 on Tuesday. The benchmark indices reversed Monday's losses, with buying interest spread across key sectors as domestic sentiment steadied despite elevated crude oil prices.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24,821.10 | +140.20 | +0.57% |
| BSE Sensex | 81,337.95 | +446.93 | +0.55% |
The Nifty 50 opened at 24,096.90 and swung between an intraday high of 24,298.95 and a low of 24,059.95. The recovery came after the index had shed 97 points or 0.40% in the previous session to close at 23,995.70.
Sectoral Action and Stock Movers
Metals and banking stocks led the charge. Hindalco Industries climbed from ₹1,031 to ₹1,054, while State Bank of India advanced from ₹1,091.35 to ₹1,106. Shriram Finance gained ground, rising from ₹1,006.95 to ₹1,030.40, and Nestlé India edged up from ₹1,420 to ₹1,430.90.
Go Digit General Insurance reported a 29.2% jump in quarterly profit to ₹149.4 crore, with net premium earned rising 2.4%. The result added to the positive undertone in the insurance space.
The Nifty Bank index ended nearly flat at 55,395.95, down just 0.01%, while Nifty Financial Services slipped 0.17% to 25,894.40. The BSE Bankex closed 0.23% lower at 62,217.74, reflecting mixed performance among financial heavyweights.
GIFT NIFTY Session Snapshot
GIFT NIFTY closed Session I at 24,220, up 125.5 points or 0.52% from the previous close of 24,094.50. The offshore derivative opened at 24,075.50 and traded in a 378-point range, touching a high of 24,450 and a low of 24,072 during the session.
| Metric | Level |
|---|---|
| Last Traded Price | 24,220.0 |
| Open | 24,075.5 |
| High | 24,450.0 |
| Low | 24,072.0 |
| Change | +125.5 (+0.52%) |
The contract remained volatile through the session, rallying sharply between 11:45 and 13:00 hours before consolidating near session highs. Late-session profit booking saw GIFT NIFTY pull back from the 24,450 peak, but the contract held firm above 24,200 as Indian cash market participants locked in gains ahead of the closing bell.
GIFT NIFTY heads into Session II at 24,220, reflecting the resilience in domestic equities despite global headwinds and rising crude oil prices weighing on sentiment earlier in the week.