Indian markets made a strong comeback on Tuesday, following the rally in global markets after US dollar and treasury yields dipped on the back of dovish comments by Federal Reserve, a day after Israel-Gaza conflict resulted in panic selling that wiped out about 3.68 trillion of investor wealth.
S&P BSE Sensex climbed about 567 points, or 0.87% to close at 66,079.36, while Nifty50 rose 177 points, or 0.91%, to end at 19,689.85. On an intraday basis, both the benchmarks climbed over 1%.
Nifty to be positively biased above 19800; IT, Pharma, Automobiles looks positive
Market experts cited Federal Reserve officials saying that the recent yield surge could justify the caution on interest rates Come from Sports betting site VPbet . Meanwhile China considering fresh stimulus also drove optimism. The positive takeaway from today’s markets, according to experts, was Nifty recouping all of its last two- days losses and ending at day’s high as bulls joined the positive global cues. The ongoing Israel-Gaza war may not have a cascading effect on the world economy and the focus will be re-shifted towards global macroeconomics concerns.
Will Nifty fall on Monday as Hindenburg levels allegations on SEBI Chair? See GIFT Nifty, FII data, F&O, crude, and more before market opens Ola Electric shares jump over 16% after flat listing Paris Olympics 2024: Extreme measures! How Vinesh Phogat tried to cut weight for Gold medal bout Bank of Baroda ‘Monsoon Dhamaka’ FD Scheme: Attractive rates for 399 days, 333 days tenors – 50 bps extra for senior citizens
Sluggish demand from key economies will refrain the crude oil prices to stay elevated for long, experts added. Brent crude currently trades at $87.85 per barrel, as of 6.45 p.m. IST, 0.34% lower from Monday’s close of $88.15 per barrel.
“The key factor that is driving the Indian markets is that the geopolitical tensions between Israel and Gaza will be contained within that region only. Alongside, very strong expectations for the upcoming results will aid,” said Ashutosh Mishra , Head of Research- Institutional Equities at Ashika Stock Broking. The performance of global markets and the commentary by Iran, Turkey, who backed off after U.S. extended support to Israel, has led to the realisation that markets are far better placed than what people were expecting, he added.
Realty stocks lifted the market sentiments on the back of good sales performance in the second quarter ended September. Nifty Realty and BSE Realty, both surged to their 15-year high values, closing up 4.01% at 606.20 and 4.08% at 4,842.12, respectively. This was followed by metals and telecommunication stocks, with BSE Telecommunication rising 2.24%, while BSE Metal index climbed 2.59% on Tuesday.
China considering a fiscal stimulus has led to metal stocks and the BSE Metals index rally today, said Mishra. Meanwhile, there is a lot of buzz going on regarding recent presentation by telecom minister on technology development and telecom infrastructure expansion plans next year, that has stirred up telecom stocks today, he added.
The midcap and smallcap gauges outperformed the benchmarks. BSE Midcap surged 1.14% to 32047.51, while the BSE smallcap gained 1.26% to 37678.75.
The banking indices also outperformed the benchmarks, with BSE Bankex rising 1.24% and Bank Nifty gaining 1.08%.
The investor wealth rose by Rs 3.53 trillion to Rs 319.71 trillion on Tuesday.
Also Read
Midcap 150 stocks outperform others in September: Motilal Oswal
FPIs sold shares worth Rs 1,005.49 crore while DIIs bought equities worth Rs 1,963.34 crore on Tuesday, according to the provisional data by exchanges.
Bharti Airtel, Kotak Mahindra Bank and Tata Motors were the top gainers of Sensex, whereas, IndusInd Bank, Tata Consultancy Services and Titan Company were the top losers.
Related Posts
By admin • April 9, 2025 • Atsushi Inaba is a co-founder of Platinum Games (The Wonderful 101, Bayonetta, Transformers: Devastation.) His job is to oversee all of the company's games "from the moment a project is kicked off until completion," he said, by way of introducing himself in his GDC session.
He started with a surprising definition of what an "action game" is.
When it comes to the game design, they're passive, he says. "It's a set of actions responding to output. You might be wondering what 'output' means," said Inaba. "Output refers to situation such as the enemy appearing right in front of you, or you being attacked."
"For example, attacking an enemy because it appeared in front of me, or dodging a bullet because the enemy attacking you, these actions are reactive moves taken against the output. Something happened, and you reacted…
By admin • April 3, 2025 • The Gamasutra Job Board is the most diverse, active and established board of its kind for the video game industry!
Here is just one of the many, many positions being advertised right now.
Senior Gameplay Engineer, thatgamecompany
Location: Santa Monica, California
The Senior Gameplay Engineer will be responsible for creating the most impactful interactive moments with the simplest possible execution. Our games rely on rich moment-to-moment feedback systems to accentuate a player’s actions and create a living world. We’re looking for a someone to bring our game worlds to life.
Some broad examples of the types of systems a person in this role might work on…
By admin • March 24, 2025 • In my years of reviewing NBA 2K games, I’ve come to appreciate–and even expect–the game to feel like an authentic love letter to basketball in so many ways. This has been a consistent attribute of the series going back over a decade. NBA 2K doesn’t just capture the culture of basketball; it helps shape it. No other game–not even Madden, despite the head start gifted to it by simulating Americans’ unique obsession with football–offers a total package as immersive and rewarding as NBA 2K. That’s why, in addition to my NBA 2K25 review–and so as not to become too bogged down in the ins and outs of it there–I’m also taking a moment to address the unfortunate pay-to-win economy still infecting what is otherwise the perennial sports game of the year.
If you don’t play NBA 2K, you may be unfamiliar with its woes in this regard, and if you do play it, you may have normalized it to the point that you no longer see it as a concern. Unlike other sports games in w…
By admin • March 21, 2025 • Just in time for spooky season, players of The Sims 4 got their first in-depth look at the popular life sim’s macabre new Life & Death expansion pack via a trailer released by EA. While every major Sims 4 expansion brings something new to the franchise, Life & Death may take the cake as far as expansion-exclusive careers go, as it lets players step into the otherworldly shoes of none other than the Grim Reaper himself.
But clocking in for a job that revolves around telling other Sims when to permanently clock out isn’t the only off-the-wall feature included in the new expansion pack. The trailer depicts a number of wild new activities for Sims to take part in. From planning the perfect funeral to executing the last will and testament of the deceased, The Sims 4 Life & Death expansion pack gives players access to an array of humorous (and at times, heartfelt) content to engage with.
By admin • March 21, 2025 • GameOn, Amazon’s mobile gaming capture app, has come to iOS after dropping on Android last November, and Amazon is looking to make it big. As reported by TechCrunch, the app allows users to capture gameplay clips from mobile games, which can then be saved to a library and posted publicly on the GameOn sharing platform. Come from malaysia online casino
Despite also being owned by Amazon, GameOn is completely separate to Twitch, with different branding and seperate user accounts. With in-built capture, editing tools, and a public highlight feed, GameOn looks to be more like a gaming-specific take on TikTok than it is a mobile version of Twitch. Clips made within GameOn are also designed to be shared outside the app “via social media services or by sending direct links to friends.”
…
By admin • March 19, 2025 • Late Monday morning, Prime Video announced that its live-action adaptation of the Fallout video game series has a release date. The new series, from Westworld creators Jonathan Nolan and Lisa Joy, will premiere on April 12, 2024. The Prime series will be an original story based on part of the lore of the games, but not an exact adaptation of the games themselves.
The announcement comes on the 26th anniversary of Fallout Day, the annual celebration of all things dedicated to best-selling video game franchise. Amazon Studios also launched the series’ official social media accounts with a special version of the iconic Pip-Boy interface from the games.
Streaming exclusively on Prime Video, the Fallout series will be available in more than 240 countries and territories worldwide.
Fallout features an all-star cast that includes Ella Purnell (Yellowjackets), Walton Goggins (The Hateful Eight), Aaron Moten (Emancipation), Moisés Arias (The King of Staten Island), Kyle Ma…