Indian equities began Tuesday trading with positive momentum as bank shares drove market advances despite varied international signals. The Sensex gained 152 points to reach 82,359 while the Nifty climbed 38 points to 25,129 by 9:23 AM. Banking sector performance exceeded broader market gains with the Nifty Bank advancing 0.30 percent. Midcap and smallcap segments also attracted investor interest with respective gains of 0.08 percent and 0.42 percent. Public sector banks, financial services, metals, media, energy, and private banking sectors recorded advances.
Eternal, Trent, Tata Steel, ICICI Bank, and HDFC Bank emerged as top performers among Sensex constituents. Pharmaceutical, information technology, automobile, and consumer goods sectors declined during early trade. Choice Equity Broking analysts noted the Nifty's recovery from 24,900 levels formed bullish patterns after rebounding nearly 225 points. Asian markets displayed mixed performance while foreign investors sold shares worth Rs 1,681 crore on July 21. Domestic institutions purchased equities valued at Rs 3,578 crore for the eleventh consecutive session.
Eternal, Trent, Tata Steel, ICICI Bank, and HDFC Bank emerged as top performers among Sensex constituents. Pharmaceutical, information technology, automobile, and consumer goods sectors declined during early trade. Choice Equity Broking analysts noted the Nifty's recovery from 24,900 levels formed bullish patterns after rebounding nearly 225 points. Asian markets displayed mixed performance while foreign investors sold shares worth Rs 1,681 crore on July 21. Domestic institutions purchased equities valued at Rs 3,578 crore for the eleventh consecutive session.
