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    Dalal Street Ends Higher As Global Tensions Ease, Sensex Rises Over 1,300 Points, Nifty Tests 22,900

    15 hours ago

    The Indian benchmark indices ended higher on Tuesday as the Sensex jumped over 1,372 points to end trade at 74,068, while the Nifty rose more than 445 points to close at 22,957.80, at 3:30 PM.

    In the 30-share BSE Sensex, among the top gainers were stocks such as IndiGo, L&T, Eternal, Bajaj Finance and Asian Paints. PowerGrid was the laggard.

    In the broader markets, the Nifty Microcap 250 gained 2.88 per cent as volatility remained high. Sectorally, the Nifty Media index gained 3.21 per cent.

    Previously, during the early morning session, the BSE Sensex opened the session around 73,900, rallying more than 1,100 points, and the NSE Nifty50 started trading near 22,850, soaring over 300 points, at 9:15 AM.

    Positive sentiment among investors was also driven by hopes of easing geopolitical tensions between the United States and Iran, despite mixed signals from both sides.

    Markets End Sharply Higher

    The Nifty rose sharply by 399.75 points, or 1.78 per cent, to settle at 22,912.40. The Sensex also posted solid gains, climbing 1,372.06 points, or 1.89 per cent, to close at 74,068.45.

    Technical Outlook

    Experts said that from a technical standpoint, the Nifty is showing early signs of a short-term recovery, supported by easing geopolitical pressures and a gap-up opening.

    On the downside, 22,700 now acts as an immediate support backed by OI build-up, while the 22,500–22,600 zone continues to be a critical demand area where buying interest is expected to emerge, an analyst stated.

    Broader Markets Track Gains

    Broader markets mirrored the upbeat mood. The Nifty MidCap index advanced 2.60 per cent, while the Nifty SmallCap index gained 2.63 per cent.

    Sectoral Performance

    Among sectors, media stocks led the rally, with the Nifty Media index rising over 3 per cent. Auto and banking stocks also performed well, contributing significantly to the market’s overall gains.

    On the other hand, the pharma sector lagged behind other indices, registering the smallest increase of the day.

    Sentiment Improves Amid Easing Tensions

    Analysts said that the market rally reflected improved investor confidence, supported by both sectoral strength and easing concerns over global geopolitical risks.

    The recovery was largely driven by a moderation in risk perception, as early signs of potential de-escalation in the ongoing US–Iran tensions helped restore some investor confidence, a market expert stated.

    Rupee Remains Weak

    Meanwhile, Rupee traded weak near 93.90, down 0.36 per cent, as persistent West Asia tensions and rising crude prices continue to weigh on sentiment, with higher oil costs worsening India’s import outlook.

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