Mumbai, 19 November (Udaipur Kiran) — Indian equity markets closed higher on Tuesday after a volatile start, supported by strong global cues and robust buying in IT stocks. Both Sensex and Nifty rebounded smartly after opening flat and slipping into the red early in the session.
By the close, the Sensex gained 0.61% while the Nifty rose 0.55%.
IT, PSU banks and healthcare led the rally, while consumer durables, auto, FMCG, metals and technology sectors also finished in positive territory. Selling pressure persisted in public sector enterprises, oil & gas and capital goods. In the broader market, the BSE Midcap index ended 0.34% higher, whereas the Smallcap index declined 0.39%.
Improvement in market sentiment added more than ₹1 lakh crore to investor wealth. The market capitalisation of BSE-listed companies rose to ₹475.64 lakh crore (provisional) from ₹474.62 lakh crore in the previous session.
A total of 4,346 stocks were actively traded on the BSE, with 1,841 closing higher, 2,337 ending lower and 168 flat. On the NSE, out of 2,834 stocks traded, 1,253 advanced while 1,581 declined. Among Sensex constituents, 20 stocks gained and 10 ended lower. On the Nifty, 33 stocks closed in the green and 17 in the red.
The Sensex opened at 84,643.78, down 29.24 points, and slipped further to an intraday low of 84,525.98. Strong buying interest later pushed the index up by more than 700 points from the day’s low, touching 85,236.77 before ending 513.45 points higher at 85,186.47.
The Nifty opened slightly positive at 25,918.10 but soon fell to 25,856.20. Renewed buying lifted the index over 215 points from the bottom to hit 26,074.65. After minor profit booking, it finally closed 142.60 points higher at 26,052.65.
Top gainers included Max Healthcare (up 4.27%), HCL Technologies (up 4.23%), Infosys (up 3.68%), Wipro (up 2.15%) and TCS (up 1.96%). Among the major laggards were Tata Motors Passenger Vehicles Ltd. (down 2.81%), Coal India (down 1.28%), Maruti Suzuki (down 1.02%), Bajaj Finance (down 0.79%) and Hindalco Industries (down 0.78%).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
