Broader indices performed in line with the benchmarks, with the Nifty Midcap 100 rising 1 percent, while the Nifty Smallcap 100 added nearly 0.65 percent.
Markets close strong for the second straight session! 📈 Nifty climbs above 23,550 while Sensex adds 1,400 points in 2 days. Broader markets stay positive with midcaps leading, and India VIX cools off sharply. Auto and metal stocks extend gains, while IT remains under pressure. Realty and pharma indices bounce back after recent losses. Top movers: Maruti, M&M, Eicher Motors | Laggards: HUL, UltraTech, Infosys, TCS. Catch Lovisha Darad with market experts for the full Closing Bell analysis.
Sensex, Nifty declined from their day's highs amid worries about high crude prices and their impact on the country's economy.
Value buying was seen in key sectors of auto, metal and realty for the second consecutive session on Tuesday.
The fall in Indian equities so far has been modest compared to past crises, giving investors an opportunity to hunt for quality stocks amid volatility
Emkay said the Nifty could fall to around 21,000 if oil remains elevated. It warned of a twin impact on corporate earnings through demand destruction and margin pressure from higher input costs, adding that no sector would be immune.
Global markets show signs of a relief rally with Asian indices higher and Wall Street gains. Strait of Hormuz tensions ease as Donald Trump says helping nations will be announced soon. Brent crude trades near $102/bbl; Dow Jones up 387 pts, S&P 500 & Nasdaq +1%. GIFT Nifty points to a positive start in India. Also: Nvidia unveils chips for space mission at GTC 2026 AI Conference. Catch Surabhi Upadhyay with market experts on Opening Bell.
If oil prices remain closer to current levels rather than sustaining above $100, the direct impact on March quarter earnings is likely to remain limited for most sectors, said Anil Rego of Right Horizons PMS.
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
In case of a further uptrend, the Nifty 50 may face resistance at the 23,500–23,700 zone, followed by 24,000, but the move may look unsustainable due to a sell-on-rally approach. Meanwhile, support is placed at the 23,000–22,950 zone.
Sustainability of uptrend will be the key going forward. Overall, the structure is still in favour of bears, and the focus remains on oil prices, with traders monitoring developments related to the Strait of Hormuz amid ongoing geopolitical tensions between the US and Iran.
Analysts say the overall sentiment remained cautious amid continuing geopolitical tensions in West Asia and elevated crude oil prices.
Weekly options data suggested that the Nifty 50 is expected to trade in the 23,000–24,000 range in the short term, as a decisive close on either side could provide a firm direction to the index, with immediate resistance at 23,500.
On the sectoral front, auto, bank, FMCG, metal up 0.3-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2.7%.
Markets staged a sharp late recovery, with Nifty rebounding 450 points and Sensex bouncing over 1,400 points from the day’s low. Benchmarks ended around 1% higher, led by banking and auto stocks, while FMCG and metals also saw buying. Market breadth stayed positive with the advance–decline ratio at 2:1, and India VIX cooled 5%, signalling easing volatility. #StockMarket #Sensex #Nifty #MarketCrash #DalalStreet
The US-Israeli war on Iran, now in its third week, has triggered volatility across global commodity, currency and equity markets.
Sensex, Nifty declined as crude oil stayed above $100 a barrel amid the prolonged West Asia conflict.
Global markets remain cautious as the US-Israel-Iran war enters its third week, with tensions rising after Donald Trump threatened possible strikes on Iran’s key oil export hub Kharg Island, raising concerns around supply through the Strait of Hormuz. Crude prices remain elevated with Brent above $100 and WTI near $98. Asian markets traded lower, while US futures edged higher after Wall Street ended last week in the red, marking the S&P 500’s third straight weekly loss. Back home, the Nifty dropped nearly 5% last week, though GIFT Nifty signals a positive start for Indian markets. This week’s focus also remains on key policy decisions from the US Fed, ECB and BoE. Catch Surabhi Upadhyay of Moneycontrol with market experts decoding the key cues for today’s trade.
US stocks ended down on Friday, capping a week in which erratic crude oil prices whipsawed equities, as investors gauged how the war in Iran was affecting the global oil supply.
Biggest Nifty gainers M&M, Grasim Industries, Trent, UltraTech Cement, Bajaj Finance, while losers are Bharat Electronics, Wipro, Max Healthcare, Sun Pharma, Coal India. On the sectoral front, auto, bank, FMCG up 0.5-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2%. Nifty Midcap index is trading flat, while smallcap index down 0.5%.
Karthick Jonagadla doesn't think oil supply concerns fade quickly from here. Traffic through the Strait of Hormuz is still badly disrupted.
The relaxation in Press Note 3 is a meaningful shift in India’s FDI posture and signals a pragmatic recalibration of the earlier blanket restrictions on investment from land-bordering nations, said Sonam Srivastava
The Bank Nifty needs to defend 53,500 for a move toward 54,700 (50% Fibonacci level), but a decisive fall below it could open the door for 53,000.
According to experts, if the Nifty fails to take support at the psychological level of 23,000, a fall toward 22,700 cannot be ruled out in the upcoming sessions. However, 23,300–23,500 can act as immediate resistance.
Going forward, the market is expected to remain dominated by bears amid the ongoing US-Iran conflict and rising oil prices, with market stability unlikely until Middle East tensions ease.
