Sensex and Nifty Surge for Third Day: Top Gainers and Losers List

Indian benchmark indices continued their strong rally for the third consecutive session on Tuesday, driven by positive global cues and easing geopolitical tensions. Both the Sensex and Nifty reached significant milestones, bolstered by foreign fund inflows and a decline in global crude oil prices.

Market Indices Performance: A Three-Day Winning Streak

The BSE Sensex exhibited robust momentum, gaining 544.15 points or 0.71 per cent to close at 76,808.48. During intraday trading, it hit a high of 76,846.74. Similarly, the NSE Nifty 50 rose by 135.25 points or 0.57 per cent, settling at 23,989.15 after touching an intraday high of 24,002.60.

This rally marks a significant recovery period; over the last three sessions, the Sensex has surged by 2,975.93 points (4%), while the Nifty has advanced 827.55 points (3.57%). Broad market sentiment was also positive, with the BSE MidCap Select rising 0.64 per cent and the SmallCap Select gaining 0.59 per cent.

IT and Energy Sectors Lead the Charge

The rally was primarily fueled by the IT and energy sectors. HCL Tech emerged as the star performer on both indices, rising 3.55 per cent. This surge followed the company's announcement of a ₹1,427 crore investment for a 10.46 per cent stake in Sarvam AI, a government-backed sovereign AI model developer.

Other notable gainers included:

Sectoral indices reflected this broad-based buying, with Realty climbing 2.27 per cent, Focused IT rising 1.72 per cent, and FMCG increasing 1.12 per cent.

Global Triggers: US-Iran Deal and Crude Oil

A major catalyst for the market's optimism was the reported peace deal between the US and Iran regarding the reopening of the Strait of Hormuz. This development eased fears of supply disruptions in global energy routes, leading to a 2 per cent drop in Brent crude, which traded at $81.45 per barrel.

Furthermore, the return of Foreign Institutional Investors (FIIs) provided much-needed liquidity. Exchange data confirmed that FIIs were net buyers, purchasing Indian equities worth ₹200.05 crore.

Top Losers: Metal and Auto Sectors Lag

While the broader market was in the green, certain sectors faced headwinds. Metal, Commodities, and Auto stocks were among the laggards. Hindalco led the declines in the Nifty 50, falling 3.11 per cent.

Top losers included:

Key Takeaways