Indian equity markets opened strong on Tuesday, with both benchmark indices posting early gains. The BSE Sensex climbed past the 80,600 mark, trading at 80,605.31 by 9:23 AM an increase of 387 points or 0.48%. Meanwhile, the Nifty50 rose by 113 points or 0.46% to reach 24,441.45.
The upward trend followed a positive session on Monday, driven by easing geopolitical tensions between India and Pakistan, strong corporate earnings, and momentum in heavyweight stocks like Reliance. Analysts expect continued stock-specific movement as companies release their Q4 results.
In the US, the S&P 500 showed marginal movement during a volatile session, with investors cautious ahead of major economic data and earnings reports. Meanwhile, Asian markets opened mixed as participants awaited clarity on trade policies and macroeconomic indicators.
Gold prices dropped on Tuesday due to improving trade relations, which lessened the metal’s appeal as a safe-haven asset. Traders also awaited key U.S. economic releases to better understand the Federal Reserve’s monetary stance.
The US dollar showed slight recovery after earlier losses, amid lingering uncertainty over trade talks with China. Treasury Secretary Scott Bessent emphasized that the next steps depend on China’s willingness to engage.
Oil prices slipped in early Asian trading as concerns over slowing demand persisted, largely due to the prolonged trade conflict between the U.S. and China both economic giants.
On the investment front, foreign portfolio investors were net buyers on Monday, acquiring equities worth ₹2,474 crore, while domestic institutional investors sold shares totaling ₹2,818 crore.