Home / Business / Sensex, Nifty Extend Winning Streak For Sixth Day, Rise Nearly 8% In 6 Sessions
Sensex, Nifty Extend Winning Streak For Sixth Day, Rise Nearly 8% In 6 Sessions

Sensex, Nifty Extend Winning Streak For Sixth Day, Rise Nearly 8% In 6 Sessions

Mumbai: The Indian inventory marketplace persisted its upward adventure for the 6th immediately buying and selling consultation on Tuesday, supported by means of positive aspects in fast-moving client items (FMCG) and personal banking shares. 

The Sensex started the day with a robust get started, opening 320 issues upper at 79,728. However, it quickly slipped into the crimson, touching a low of 79,253, as investor sentiment was once suffering from steep losses in the United States markets in a single day.

Despite the early fall, the Sensex recovered briefly and remained in sure territory for the remainder of the buying and selling day. It even touched an intra-day top of 79,824 ahead of in any case final 187 issues or 0.24 in line with cent upper at 79,596.

With Tuesday’s positive aspects, the Sensex has now climbed 5,749 issues, or 7.8 in line with cent, during the last six buying and selling periods, appearing sturdy momentum within the home markets.

The Nifty additionally adopted a an identical development. It slipped to a low of 24,072 throughout early industry however bounced again sharply to hit a top of 24,243. The Nifty in any case ended the intra-day buying and selling consultation with a acquire of 42 issues or 0.2 in line with cent at 24,167.

Interestingly, this rally comes on a special occasion for the NSE, because it celebrated its 29th anniversary on Tuesday.

Over the previous six periods, the Nifty has won 1,768 issues or 7.9 in line with cent — appearing sturdy investor self assurance regardless of international marketplace considerations.

Market professionals consider that secure purchasing in choose sectors like FMCG and banking helps Indian indices deal with their sure momentum.

“For Nifty, the highest open interest on the call side was seen at the 25,500 and 24,200 strike prices, while on the put side, it was concentrated at the 24,000 and 23,000 levels,” stated Sundar Kewat of Ashika Institutional Equity.

He added that the Put-Call Ratio (PCR) stood at 1.05, which signifies a reasonably bullish undertone.

Bank Nifty led the rally, leaping sharply following the Reserve Bank of India’s announcement to ease ultimate Liquidity Coverage Ratio (LCR) norms, efficient from April 2026.

Beyond the banking area, sectors similar to Realty, Consumer Durables, and FMCG additionally witnessed notable positive aspects.

The handiest sector to near within the crimson was once IT.

“Globally, US markets remained under pressure, weighed down by persistent selling,” Kewat famous.


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