Fairness benchmarks ended marginally decrease on Tuesday after a unstable session, with the Sensex slipping 29.47 factors or 0.04 per cent to 75,968, whereas the Nifty 50 declined 14.20 factors or 0.06 per cent to 22,945.30, as positive aspects in IT shares had been offset by weak spot in auto and shopper items sectors.
The market was resilient, recovering from early lows, although persistent overseas fund outflows and a weakening rupee continued to weigh on sentiment. The broader markets underperformed considerably, with the Nifty Smallcap falling 1.6 per cent and Midcap declining 0.2 per cent.
“The home market has skilled each profit-booking and bottom-fishing amid persistent issues over FII outflows and strain on the INR. Small and mid-cap shares proceed to lag attributable to apprehensions about premium valuations. In the meantime, India’s commerce deficit has widened past expectation,” stated Vinod Nair, Head of Analysis at Geojit Monetary Companies.
NTPC emerged the highest gainer on the NSE, surging 3.19 per cent, adopted by Tech Mahindra (+2.17 per cent), Wipro (+2.01 per cent), ONGC (+1.01 per cent), and Apollo Hospitals (+0.92 per cent). On the flip facet, IndusInd Financial institution led the losses, falling 2.49 per cent, adopted by Trent (-2.17 per cent), BEL (-1.89 per cent), UltraTech Cement (-1.80 per cent), and M&M (-1.80 per cent).
The market breadth remained decisively damaging, with 2,918 shares declining, towards 1,032 advances on the BSE. Notably, 787 shares hit their 52-week lows, whereas solely 51 touched their 52-week highs, indicating broader market weak spot.
“Markets ended a tad decrease in a sluggish buying and selling session as warning prevailed amongst buyers amid rising overseas fund outflows and falling rupee. Features in IT, energy, oil & gasoline, and steel shares helped the market erase nearly all its losses. Nevertheless, costly valuation issues and a dismal earnings season continued to plunder small cap shares,” famous Prashanth Tapse, Senior VP at Mehta Equities.
The rupee weakened to shut at 86.91 towards the US greenback, pressured by continued overseas outflows and rising crude oil costs. “Going forward, rupee weak spot might prolong towards 87.25, with a variety anticipated between 86.75-87.25,” famous Jateen Trivedi of LKP Securities.
Gold strikes up
In commodities, gold continued its upward trajectory, with Comex gold buying and selling above $2,925 per ounce, supported by world uncertainties and a weaker greenback. WTI crude oil remained steady round $71.40 per barrel, following Ukrainian drone assaults on Russia’s pumping station.
“Immediately, the benchmark indices witnessed slender vary exercise. Technically, after an early morning intraday correction, the market took help close to 22,800/75,500 and recovered. Nevertheless, the short-term texture of the market stays on the weak facet,” stated Shrikant Chouhan, Head of Fairness Analysis at Kotak Securities.
Nandish Shah from HDFC Securities famous, “The Nifty lastly snapped its eight-session shedding streak. After hitting early morning lows, the index staged a powerful restoration of practically 250 factors, demonstrating resilience. The anticipated help band of 22750-22800 labored out nicely.”
In accordance with Satish Chandra Aluri from Lemonn Markets, “Markets continued to wrestle for path in yet one more unstable session as benchmark Nifty 50 retested help ranges round 22800, earlier than bouncing off to shut marginally decrease. Overseas outflows continued to weigh, with 2025 outflows nearing ~1 lakh crores on worries over weak earnings.”
“Nifty traded inside a variety, with important volatility. The broader market underperformed, with the Nifty Midcap 100 and Nifty Small Cap 100 indices closing down by 0.2 per cent and 1.6 per cent, respectively. The index has shaped a excessive wave candle with an extended decrease shadow, indicating shopping for curiosity across the January lows,” reported Bajaj Broking Analysis.
Vinay Rajani, Senior Technical Analyst at HDFC Securities, added, “It was yet one more session, the place Nifty managed to guard the help of 22800. Nifty made an intraday low at 22801, and recovered 170 factors from there within the second half.”
Traders at the moment are awaiting the discharge of minutes of the Federal Reserve assembly, RBI assembly, and key speeches for additional market path. The numerous overseas fund outflows, which have reached practically ₹1 lakh crore in 2025, proceed to influence market sentiment as world funds shift focus to China and European markets.
