The domestic equity markets saw a positive close on Tuesday, with the Sensex rising 170 points to 76,500 and the Nifty gaining 90 points to end at 23,176.
Broader indices showed resilience, recovering nearly half of Monday’s losses, with the midcap index climbing 1,286 points to 53,677. The Nifty Bank also delivered a strong performance, surging 688 points to close at 48,729.
IT sector faced headwinds as HCLTech registered its steepest fall in a decade, declining sharply after reporting in-line Q3 results. Biocon advanced 6% after HSBC upgraded the stock to “buy” and raised its price target. NTPC Green saw a strong uptick, ending 10% higher on robust volumes.