Indian Stock Market Soars: Sensex and Nifty Close in Green Territory
The Indian stock market witnessed a positive trend on Tuesday, with the frontline indices closing higher after opening on a flattish note. The Sensex closed 328.48 points, or 0.45 per cent higher at 73,104.61, while the Nifty inched 118.55 points, or 0.54 per cent higher at 22,222.60.
Earlier in the day, the BSE Sensex and NSE Nifty 50 opened little changed, with Nifty starting above 22,100 and Sensex near 72,700. Sensex opened 79.51 points, or 0.11 per cent lower at 72,696.70, while Nifty inched 8.90 points, or 0.04 per cent higher at 22,112.90.
The GIFT Nifty settled at 143.00 points, or 0.65 per cent higher at 22,315.50. Among sectoral indices, auto, financial service, IT, PSU Bank, metal, realty, commodities, and PSE remained in green territory, while pharma, FMCG, and healthcare settled in red.
The India VIX, which indicates market volatility, dipped marginally after remaining elevated for most of the session, inching 0.41 points, or 1.99 per cent lower at 20.19. Broader markets also showed positive trends, with Nifty Midcap 100 inching higher at 50,225.20 and Nifty Smallcap 100 settling at 16,363.15.
The rupee closed at 83.51 against the US dollar, with the dollar index standing at 105.2. In the Asia-Pacific region, Japan’s Nikkei share average drifted in a narrow range, while South Korea’s Kospi slipped 0.11 per cent.
Overall, the Indian stock market showed resilience and positive momentum, reflecting investor confidence in the market.
