Stock Market Today: Nifty ends just below 25,000, Sensex up 370 points; Tata Motors, Adani Ports top performers

Indian stock markets closed in the green on Tuesday, with both benchmark indices managing to hold firm despite pressure from select largecaps. The Sensex rose 0.46% to settle at 81,644.39, while the Nifty 50 climbed 0.42% to end at 24,980.65-just shy of the 25,000 mark. The Nifty Bank index also advanced 0.47%, finishing at 55,865.15.

Auto and Ports Steal the Spotlight

Tata Motors and Adani Ports emerged as the star performers of the session, each gaining nearly 3%. These stocks, along with Reliance Industries, Tech Mahindra, Kotak Mahindra Bank, Hindustan Unilever, and Eternal, provided a strong cushion that lifted overall market sentiment.

Financials and Heavyweights Weigh on Gains

However, not all sectors shared the same momentum. Financials and some heavyweights dragged the market. Bajaj Finserv, HDFC Bank, Mahindra & Mahindra, Power Grid, and L&T were among the notable losers, restricting a sharper rally in the indices.

Sectoral Moves: Pharma Under Pressure

Across the board, sectoral indices showed a mixed picture. The Nifty Auto, FMCG, and Media indices gained around 1% each, while metal and banking counters also closed in the green. The lone laggard was the Nifty Pharma index, which slipped 0.34% by the closing bell.

Broader Market Buzz

In the broader markets, thematic plays were in focus. Aquaculture stocks surged 7.7%, making them the day’s top gainers. Plastics followed with a 3.1% jump, while auto ancillaries added 2.8%. Infrastructure stocks rose 2.6%, and sugar counters gained 2.3%, all contributing to a healthy undercurrent in the market.

Group-Wise Action

Business group performance reflected a mixed trend. Indiabulls Group led the pack with a 5.4% rally, closely followed by the Anil Ambani Group, up 5%, and the Jaypee Group, which added 4.2%. Gains were also seen in Garware (3.2%) and Aarti (2.9%) group stocks. On the downside, Muthoot Group slipped 0.8%, Patodia lost 1.2%, Manipal fell 1.9%, and Nagarjuna Group was the worst hit, tumbling 3.9% in intraday trade.

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