Business

Markets Recover After Volatile Start; Sensex, Nifty End In Green On Global Optimism

Despite high volatility on Wednesday, the Indian stock market closed in the green, with the Sensex recovering from early losses to end 105 points higher at 80,746, up 0.13%.

Nifty also gained 0.14 per cent to close at 24,414, reclaiming the key 24,400 mark.

“The highest open interest on the call side is at 24,500 and 24,400. On the put side, it is at 24,300 and 24,400,” said Sundar Kewat of Ashika Institutional Equity.

He added that the Put-Call Ratio (PCR) stands at 0.98, reflecting a balanced market sentiment.

Markets opened weakly due to regional uncertainty. But sentiment improved during the day.

A recovery followed as easing global trade tensions, a finalised free trade agreement with the UK, and strong foreign inflows boosted investor confidence.

Key sectors like auto, real estate, and metals led the turnaround, lifting market mood by mid-session.

Tata Motors topped the Sensex gainers, jumping 5.2 per cent. Bajaj Finance rose 2.02 per cent.

Eicher Motors and Adani Ports added 1.41 per cent each. Titan climbed 1.27 per cent.

Other gainers included Eternal (formerly Zomato), Mahindra & Mahindra, and Tata Steel.

On the downside, Asian Paints led losses with a 4 per cent drop. Sun Pharma slipped 1.95 per cent. ITC, Nestle India, and Reliance Industries also declined between 1.01–1.3 per cent.

Broader markets staged a sharp comeback. The Nifty Midcap 100 and Nifty Smallcap indices each gained around 1.5 per cent after Tuesday’s fall.

Most sectoral indices ended positively. Auto, media, realty, and consumer durables led, each rising over 1 per cent.

Only FMCG, pharma, and healthcare closed in the red.

Market volatility stayed high. The India VIX, or fear index, rose 3.58 per cent to end at 19.

Also Read: India’s Business Aviation Sector Urges Shift From Import Duties To Operations Tax To Boost Growth

Bharat Express English

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