Sensex, Nifty Continue Three-Day Winning Streak
Domestic stock markets in India continued their upward momentum for the third consecutive day on Tuesday. Both the Sensex and Nifty rose as investors reacted positively to strong cues from global markets, a slight increase in foreign investment, and growing optimism around the interim trade agreement between India and the United States.
At the close of trading, the Sensex gained 208.17 points (0.25%), settling at 84,273.92. Over the last three sessions, the benchmark has added a total of 960 points, marking a strong recovery. Similarly, the Nifty rose by 67.85 points (0.26%) to end at 25,935.15, bringing its cumulative gain over three days to 292 points.
Market analysts said the steady gains reflect strong investor confidence in India’s economic growth and positive sentiment around trade relations with the US. Renewed foreign fund inflows, combined with upbeat global market trends, have also supported the rally.
Sector-wise, banking, IT, and consumer goods stocks led the gains, while metal and energy shares remained largely steady. Experts noted that foreign institutional investors (FIIs) have been gradually returning to the Indian market, providing additional support to equities.
Economists added that the recent interim trade agreement between India and the US has reassured investors about stability in bilateral trade, which could help boost exports and strengthen the overall economy.
With the market showing resilience and steady gains over the past three days, analysts expect cautious optimism to continue. However, they also warn that global market volatility and domestic economic indicators could influence short-term movements.
Overall, the three-day rally indicates that investors are responding positively to both domestic policy developments and international trade news, making it a promising start to the week for Indian equities.
