The Indian stock market extended its winning streak to six sessions on Tuesday, as liquidity-boosting measures by the Reserve Bank of India helped offset weak global sentiment stemming from U.S. President Donald Trump’s ongoing criticism of the Federal Reserve.
The benchmark BSE Sensex gained 187.09 points or 0.24% to close at 79,595.59, while the broader Nifty 50 index closed at 24,167.25, higher by 41.70 points or 0.17%.
Here's how analysts read the market pulse:
Despite negative global cues related to Trump-Fed tensions, the national market has maintained its optimism, with RBI's relaxed liquidity coverage ratio guidelines, which are anticipated to enhance credit growth, boosting the finance sector, said Vinod Nair, Head of Research at Geojit Investments.
"Foreign inflows have remained consistent for the fourth consecutive day, driven by a weakening dollar and competitive valuations. Additionally, domestic macroeconomic conditions are improving, with declining inflation and rising expectations of further rate cuts by the RBI, which are likely to lower costs and stimulate demand. These factors are expected to support corporate earnings in FY26," said Nair.
Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they’re saying now!
US markets
Wall Street's major indexes rebounded on Tuesday as investor attention shifted to corporate earnings following a steep selloff triggered by President Donald Trump's intensified criticism of Federal Reserve Chair Jerome Powell.
Market participants reviewed a wave of quarterly results—many more expected this week—for insights into how companies are managing tariff-related uncertainties and the potential impact on future earnings.
Focus also remained on U.S. tariff policies and ongoing negotiations with individual nations over reciprocal duties.
Markets have taken a hit this year due to volatility stemming from Trump’s unpredictable trade approach, with the S&P 500 still over 14% below its February 19 record close.
The International Monetary Fund on Tuesday slashed its forecasts for growth in the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs.
European stocks
The outlook for European corporate health continues to deteriorate, according to analyst forecasts published on Tuesday, as economic uncertainty persists around U.S. tariffs and other policies.
European companies are expected to report a drop of 3.5% in first-quarter earnings, according to LSEG I/B/E/S data, worse than the 3% drop analysts had expected a week ago.
If confirmed, it would be the worst quarter for European companies in terms of earnings since the final three months of 2023.
As of Tuesday's close, the Europe-wide STOXX 600 index was flat year-to-date, the uncertainty having erased all gains.
Tech View
The Nifty remained mostly range-bound as the index closed with a small-bodied, indecisive candle, said Rupak De, Senior Technical Analyst at LKP Securities adding that although the index stayed above the 200DMA throughout the day, the rise remained limited.
“Going forward, the trend continues to look optimistic, at least as long as it does not fall decisively below 24,000. On the higher side, the short-term bullish outlook remains intact, with the possibility of a move towards 24,500. On the lower side, support is placed at 24,000; a break below this level could trigger a minor pullback," said De.
Also read | Explained: Why banks are flying gold worth billions from London to New York amid Trump tariff fears
Most active stocks in terms of turnover
HDFC Bank (Rs 4,497 crore), ICICI Bank (Rs 2,276 crore), BSE (Rs 2,125 crore), State Bank of India (Rs 2,078 crore), IndusInd Bank (Rs 2,038 crore), Dixon Technologies (Rs 1,784 crore) and RBL Bank (Rs 1,774 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day.
Most active stocks in volume terms
Vodafone Idea (Traded shares: 52.54 crore), Alok Industries (Traded shares: 16.39 crore), RBL Bank (Traded shares: 9.43 crore), Suzlon Energy (Traded shares: 8.91 crore), YES Bank (Traded shares: 7.60 crore), Trident Ltd (Traded shares: 6.52 crore) and Eternal (Traded shares: 5.96 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Shares of Alok Industries, Data Patterns (India), Waaree Energies, KFIN Technologies, Trident Ltd, Asahi India Glass and 360 One Wam were among the stocks that witnessed strong buying interest from market participants.
52 Week high
Over 85 stocks hit their 52 week highs today while 29 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included Bajaj Finance, HDFC Bank, and Kotak Mahindra Bank.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Cholamandalam Investment & Finance, IndusInd Bank, Just Dial, Ramkrishna Forgings, Rainbow Childrens Medicare, Techno Electric and Mastek Ltd.
Sentiment meter bullish
The market sentiments were bullish. Out of the 4,130 stocks that traded on the BSE on Tuesday, 1,504 stocks witnessed declines, 2,477 saw advances, while 149 stocks remained unchanged.
Also read | Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
The benchmark BSE Sensex gained 187.09 points or 0.24% to close at 79,595.59, while the broader Nifty 50 index closed at 24,167.25, higher by 41.70 points or 0.17%.
Here's how analysts read the market pulse:
Despite negative global cues related to Trump-Fed tensions, the national market has maintained its optimism, with RBI's relaxed liquidity coverage ratio guidelines, which are anticipated to enhance credit growth, boosting the finance sector, said Vinod Nair, Head of Research at Geojit Investments.
"Foreign inflows have remained consistent for the fourth consecutive day, driven by a weakening dollar and competitive valuations. Additionally, domestic macroeconomic conditions are improving, with declining inflation and rising expectations of further rate cuts by the RBI, which are likely to lower costs and stimulate demand. These factors are expected to support corporate earnings in FY26," said Nair.
Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they’re saying now!
US markets
Wall Street's major indexes rebounded on Tuesday as investor attention shifted to corporate earnings following a steep selloff triggered by President Donald Trump's intensified criticism of Federal Reserve Chair Jerome Powell.
Market participants reviewed a wave of quarterly results—many more expected this week—for insights into how companies are managing tariff-related uncertainties and the potential impact on future earnings.
Focus also remained on U.S. tariff policies and ongoing negotiations with individual nations over reciprocal duties.
Markets have taken a hit this year due to volatility stemming from Trump’s unpredictable trade approach, with the S&P 500 still over 14% below its February 19 record close.
The International Monetary Fund on Tuesday slashed its forecasts for growth in the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs.
European stocks
The outlook for European corporate health continues to deteriorate, according to analyst forecasts published on Tuesday, as economic uncertainty persists around U.S. tariffs and other policies.
European companies are expected to report a drop of 3.5% in first-quarter earnings, according to LSEG I/B/E/S data, worse than the 3% drop analysts had expected a week ago.
If confirmed, it would be the worst quarter for European companies in terms of earnings since the final three months of 2023.
As of Tuesday's close, the Europe-wide STOXX 600 index was flat year-to-date, the uncertainty having erased all gains.
Tech View
The Nifty remained mostly range-bound as the index closed with a small-bodied, indecisive candle, said Rupak De, Senior Technical Analyst at LKP Securities adding that although the index stayed above the 200DMA throughout the day, the rise remained limited.
“Going forward, the trend continues to look optimistic, at least as long as it does not fall decisively below 24,000. On the higher side, the short-term bullish outlook remains intact, with the possibility of a move towards 24,500. On the lower side, support is placed at 24,000; a break below this level could trigger a minor pullback," said De.
Also read | Explained: Why banks are flying gold worth billions from London to New York amid Trump tariff fears
Most active stocks in terms of turnover
HDFC Bank (Rs 4,497 crore), ICICI Bank (Rs 2,276 crore), BSE (Rs 2,125 crore), State Bank of India (Rs 2,078 crore), IndusInd Bank (Rs 2,038 crore), Dixon Technologies (Rs 1,784 crore) and RBL Bank (Rs 1,774 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day.
Most active stocks in volume terms
Vodafone Idea (Traded shares: 52.54 crore), Alok Industries (Traded shares: 16.39 crore), RBL Bank (Traded shares: 9.43 crore), Suzlon Energy (Traded shares: 8.91 crore), YES Bank (Traded shares: 7.60 crore), Trident Ltd (Traded shares: 6.52 crore) and Eternal (Traded shares: 5.96 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Shares of Alok Industries, Data Patterns (India), Waaree Energies, KFIN Technologies, Trident Ltd, Asahi India Glass and 360 One Wam were among the stocks that witnessed strong buying interest from market participants.
52 Week high
Over 85 stocks hit their 52 week highs today while 29 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included Bajaj Finance, HDFC Bank, and Kotak Mahindra Bank.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Cholamandalam Investment & Finance, IndusInd Bank, Just Dial, Ramkrishna Forgings, Rainbow Childrens Medicare, Techno Electric and Mastek Ltd.
Sentiment meter bullish
The market sentiments were bullish. Out of the 4,130 stocks that traded on the BSE on Tuesday, 1,504 stocks witnessed declines, 2,477 saw advances, while 149 stocks remained unchanged.
Also read | Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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