AMN
Indian benchmark equity indices concluded Tuesday’s trading session in positive territory, driven by widespread buying across various sectors. The BSE Sensex rose 446.93 points (0.55%) to close at 81,337.95, while the NSE Nifty50 gained 140.20 points (0.57%) to settle at 24,821.10.
Key Highlights:
- Sensex Gainers: Twenty of the 30 Sensex constituent stocks ended in the green, with Reliance Industries, Larsen & Toubro, Asian Paints, Tata Motors, and Adani Ports leading the pack with gains of up to 2.21%.
- Positive Market Breadth: The overall market sentiment was positive, with 2,492 out of 4,154 traded stocks on the BSE advancing, compared to 1,501 declines and 161 unchanged.
- Broader Market Strength: Midcap and smallcap stocks also saw gains, with the Nifty Midcap100 rising 0.81% and the Nifty Smallcap100 increasing by 1.03%.
- Sectoral Performance: All sectoral indices closed in positive territory, with significant gains observed in metal, pharma, realty, oil & gas, and healthcare stocks.
- Volatility Eases: The India VIX, a key measure of market volatility, fell 4.45% to settle at 11.53 points.
Let’s dive deeper into the details of the Indian equity market’s positive performance on Tuesday, July 29, 2025.
Market Rebound and Key Drivers
The market’s positive close on Tuesday marked a snap in a three-day losing streak. This rebound was largely attributed to:
- Value Buying: Investors engaged in value buying in blue-chip stocks, particularly in heavyweight companies like Reliance Industries and HDFC Bank.
- Sectoral Strength: A broad-based rally was observed, with nearly all sectoral indices ending in the green. Notably strong performances came from:
- Metal
- Pharma
- Realty
- Oil & Gas
- Healthcare
- Other key sectors like autos, energy, and infrastructure also contributed significantly.
- Oversold Positions: The recovery in the Nifty was also driven by oversold positions in heavyweight stocks, indicating a technical rebound after recent declines.
- Technical Support Levels: The presence of strong support at the 100-day Exponential Moving Average (EMA) for the Nifty50 index likely provided a crucial floor for the market.
Top Performers and Laggards
- Sensex Top Gainers:
- Reliance Industries: Rose the most, up 2.21%.
- Larsen & Toubro
- Asian Paints
- Tata Motors
- Adani Ports
- Tata Steel
- Maruti
- Bharti Airtel
- Bajaj Finance
- HDFC Bank
- Sensex Laggards:
- Axis Bank
- Tata Consultancy Services (TCS)
- Titan
- ITC (It’s worth noting that TCS had recently announced plans to cut 12,000 jobs globally this year, which may have impacted its performance.)
Broader Market Performance
The positive sentiment extended to the broader markets, with both the Nifty Midcap100 and Nifty Smallcap100 indices closing higher by 0.81% and 1.03% respectively. This indicates a healthy market breadth where gains were not confined to just large-cap stocks.
The market breadth on the BSE was indeed strong, with 2,492 stocks advancing against 1,501 declines, and 161 remaining unchanged out of 4,154 traded stocks.
Volatility and Global Cues
The India VIX, an indicator of market volatility, closing 4.45% lower at 11.53 points suggests that market participants felt less uncertain on Tuesday compared to previous sessions.
Globally, while some Asian markets like Japan’s Nikkei 225 and Hong Kong’s Hang Seng declined, South Korea’s Kospi and Shanghai’s SSE Composite finished positively. European markets also showed positive movement, and American markets had concluded Monday with mixed results. The international oil standard Brent crude also saw a slight increase.
Underlying Market Factors & Outlook
Despite the positive closing, market experts indicated a degree of caution among investors due to:
- Ongoing US-India Trade Negotiations: Lingering uncertainties surrounding these talks, especially with the August 1 reciprocal tariff deadline approaching, were a significant factor.
- Upcoming Global Events: Investor focus remained on key global events, including policy decisions from the US Federal Reserve.
- Mixed Quarterly Earnings: While some companies reported strong Q1 FY26 results (e.g., Apar Industries, HeidelbergCement India, Piramal Enterprises), others like Kotak Mahindra Bank saw a sharp decline in profit, contributing to volatility.
The market capitalization of all listed companies on the BSE increased by ₹2.84 lakh crore, reaching ₹451.59 lakh crore. This recovery from a three-day slump suggests a degree of resilience in the Indian market, although analysts advise continued vigilance regarding upcoming earnings and global macro developments.
