Tuesday’s closing bell was marked by the Sensex gaining 270.01 points or 0.32 percent to end at 83,712.51, and the Nifty being up 61.20 points or 0.24 percent to close at 25,522.50 after a quieter morning trading session.
Meanwhile, about 1,779 shares advanced, 1,840 shares declined, and 97 shares were unchanged.
Among sectoral laggards, Nifty Consumer Durables was the top loser, falling over 2 per cent. Others that traded lower included Nifty Pharma, Auto, and FMCG. The gainers included Nifty Private Bank, which rose 0.5 percent, followed by Nifty IT and Nifty Realty, which ended in the range of 0.3 to 1 percent.
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Despite global uncertainties stemming from U.S. President Donald Trump’s letters to 14 nations threatening the imposition of additional 25 per cent to 40 per cent in taxes, the Indian equity markets opened flat and traded largely sideways throughout the session. Nifty had opened on Tuesday at 25,427, touched an intraday high of 25,495, and marked a low of 25,424.
“Sector-wise, strength was observed in realty, banking, and financial services, while underperformance was noted in consumer durables, pharmaceuticals, healthcare, and the automobile space,” noted Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity.
“In the derivatives segment, notable open interest buildups were seen in stocks like TITAN, BSE, 360ONE, ANGELONE, and DIVISLAB. For the weekly expiry, the highest open interest on the call side stands at the 25,500 strike, while the put side sees significant positions at 25,500 and 25,400, indicating a tight range. The Put-Call Ratio (PCR) remains at 0.78, suggesting a slightly bearish undertone in the near term,” he added.
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