Market Update

Key Figures:

• Sensex: up 465 points or 0.6% at 75,968
• Nifty: gained 148 points to 23,557
• Nifty Midcap 100: rose 0.68%
• Nifty Smallcap 100: gained 0.58%
• India VIX: dropped over 7%

Market Trends

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The midcap and smallcap indices extended their recovery on Tuesday afternoon, snapping a four-session losing streak. The Sensex and Nifty rose around 0.6-0.7 percent, supported by broad-based buying across sectors, particularly in metals and industrials. Market breadth remained positive, with 2,193 shares advancing against 1,606 declines.

Sectoral Performance

Strength in metal, auto, infrastructure, and private banking stocks supported the broader market, while IT and FMCG stocks remained under pressure. The recovery in broader markets was led by strong gains in metal-linked and capital goods stocks.

Top Gainers

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• Lloyds Metals: surged over 6%
• NALCO: jumped 5.3%
• GE Vernova T&D: and AIA Engineering: gained around 5% each
• SAIL: rose over 4%
• Coromandel International, KPIT Technologies, and Bharti Hexacom: advanced 3-4% each

Notable Losers

• Hindustan Petroleum: fell 3.6%
• Godrej Industries: declined over 3%
• Tata Elxsi, Persistent Systems, and ITC Hotels: fell up to 2.7%

Smallcap Segment

Gains were sharper in select counters, with Gokul Agro surging over 16% and Capacite Infra gaining more than 11%. Matrimony.com, Pakka, and Jyoti CNC Automation rose between 7% and 9%, indicating strong buying interest in select pockets.