Indian stock markets turned positive on Tuesday morning after a shaky start, with key indices recovering much of their early losses to trade in green. The BSE Sensex initially dipped more than 400 points and the NSE Nifty slid over 100 points in early trade, but buying momentum in major blue-chip stocks helped benchmark indices climb back into positive territory by mid-morning.
The Sensex, which dropped to around 81,120 in early deals, was later trading higher near 81,814, while the Nifty rose above the 25,150 level after retreating below 24,940. Axis Bank, Adani Ports, UltraTech Cement, Bharat Electronics and Tata Steel were among the gainers that helped underpin the rebound.
Traders said positive global cues and firm buying interest in banking and heavy industrial stocks contributed to the turnaround. The market mood was also supported by firm global sentiments as investors awaited key economic data and policy developments later in the week.
Analysts noted that early weakness was triggered by a combination of profit-taking and mixed corporate earnings, but broad buying interest through mid-caps and select large-caps helped absorb selling pressure. The rebound suggests sentiment remains fragile but capable of quick reversals when risk appetite returns.
Market participants also pointed to optimism around ongoing trade negotiations and easing geopolitical risks, which has eased tensions that weighed on equities in recent sessions. Many traders are watching foreign fund flows and upcoming macroeconomic cues for direction in the coming days.
Investors will now be looking at corporate earnings updates and macro indicators for clues on whether the bounce can sustain or if volatility will persist in the near term.
Disclaimer: The Bridge Chronicle does not provide investment advice. This news report is for informational purposes only and is based on publicly available market data and expert commentary. Readers are advised to consult a certified financial advisor before making any investment decisions. The publication does not recommend buying or selling any stocks mentioned in the article.
