Indian stock indices surged for the second day. At the day's closing, the Sensex was up 1,131.31 points or 1.53 per cent at 75,301.26 points, and the Nifty was up 325.55 points or 1.45 per cent at 22,834.30 points.
Among Nifty companies, 18 stocks advanced, while 31 declined, and one remained unchanged. ONGC, BEL, Tata Steel, IndusInd Bank, and Power Grid emerged as the top gainers, while Sriram Finance, M&M, Bajaj Auto, Eicher Motors, and Adani Ports were the top losers in early trading.
After an initial dip, both benchmark indices rebounded sharply, with the Sensex surging 609.87 points to close at 74,340.09, while the Nifty 50 climbed 207.40 points to end at 22,544.70.
Indian stock markets witnessed a continued selling spree on Tuesday as both benchmark indices opened in the red, reacting to global concerns over slowing economic growth in the US and the impact of new tariffs imposed by US President Donald Trump.
Indian stock markets started the fresh week on Monday with moderate gains, as both indices opened in the green; however, a sustained rally was not visible.
Indian stock markets started the week on a weak note, continuing their downward trend on Monday as investors reacted to muted third-quarter (Q3) earnings. Both benchmark indices opened in the red, reflecting market caution and global pressures.
Indian stock indices continued to remain volatile over concerns about Trump's tariff announcements and weak global cues. The benchmark indices opened in the red to later trade in the green. At closing, it closed marginally lower.