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IT, metal, and chemical stocks help Nifty50 and Sensex recover losses.
Brent crude rises to $97.78 per barrel after fresh US strikes in Iran.
Several major companies and IPOs remain in focus during Tuesday’s trade.
The Indian stock market shows strength after a weak start in the morning session. The benchmark indices recover losses as buying support appears in IT, metal and chemical shares. Market mood stays cautious amid rising tensions in the Middle East and a sharp rise in crude oil prices.
The Nifty50 trades 42.40 points or 0.18 per cent higher at 24,073.95. The Sensex also moves up by 89.48 points or 0.12 per cent and reaches 76,578.44. Early losses in both indices fade as investors return to selective buying in strong sectors.
The recovery in the market comes mainly from gains in IT, metal and chemical companies. Strong buying in these sectors helps the benchmark indices move into positive territory. Investors show fresh interest in export-based companies after global uncertainty rises.
The Nifty IT index remains among the top performers during the session. Technology shares gain as global demand for digital services stays stable despite geopolitical concerns. Metal stocks also trade higher as investors expect better demand and improved commodity prices in the coming months.
Chemical companies attract attention as investors look for stable businesses with export strength. Support from these sectors helps the market reduce pressure from weak performances in other areas.
The broader market performs better than the frontline indices. Mid-cap and small-cap shares continue to show healthy buying interest across several industries.
The Nifty MidCap index trades 0.36 per cent higher during the session. The Nifty SmallCap index performs even better and rises 1.01 per cent. Strong movement in smaller companies reflects positive risk appetite among investors despite global uncertainty.
Many traders prefer quality mid-cap and small-cap shares given strong earnings growth expectations and business expansion plans. Market experts also note that domestic investor participation remains steady in the broader market space.
Some sectors remain under pressure during the day. The Nifty Consumer Durable index underperforms as investors book profits after recent gains. Weak sentiment in select retail and appliance companies also affects the sector.
The Nifty Healthcare index trades lower amid selling pressure in pharmaceutical and hospital stocks. Realty shares also remain weak amid cautious market sentiment and concerns over higher interest costs.
While these sectors fail to support the market, strength in IT and media stocks balances overall trading activity.
Global developments continue to influence investor sentiment on Tuesday. Reports state that the United States launches fresh strikes in southern Iran despite ongoing negotiations between both sides.
According to reports that cite the US Central Command, the strikes aim to protect American troops from Iranian forces. The news increases concerns about a possible rise in geopolitical tensions in the Middle East.
Global investors closely watch the situation since any escalation in the region may affect energy supply routes and international trade. Uncertainty in global markets often leads to cautious trading activity in emerging economies such as India.
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Crude oil prices rise sharply after reports of the US strikes on Iran. The increase in oil prices adds pressure on global markets and raises concerns over inflation.
Brent crude gains 1.7 per cent on Tuesday morning. The May futures contract reached $97.78 per barrel on the Intercontinental Exchange. Traders fear that prolonged tensions in the Middle East may disrupt crude supply from the region.
Higher crude oil prices usually affect countries that depend heavily on imports. India remains one of the major crude oil importers, so rising prices may impact inflation, fuel costs and company profit margins.
Market participants continue to monitor crude oil movement closely as further increases may affect overall market direction in the coming sessions.
Several major companies prepare to announce fourth-quarter results on Tuesday. Investors closely track these earnings reports for signals about business growth, profit trends and future outlook.
Key companies set to release Q4FY26 results include Oil and Natural Gas Corporation (ONGC), Siemens, Venus Pipes, Transrail Lighting, Marksans Pharma, Morepen Laboratories, Landmark Cars, Kirloskar Electric, Indian Railway Catering And Tourism Corporation (IRCTC), JK Tyre, EIH, EID Parry, Gandhar Oil, Transport Corporation of India (TCI), Redtape, Kaveri Seed Company, Honda India Power Products, Goodluck India Ltd, Bayer CropScience, Astra Microwave Products, AIA Engineering Ltd, Aequs Ltd, Jubilant Ingrevia, Ion Exchange, GIC, Gujarat Fluorochemicals, Gujarat Gas, Brainbees Solutions, Timex Group India, Sumitomo Chemical India, Steel Strips Wheels, Shringar House of Mangalsutra, Senco Gold, Refex Industries, Roto Pumps, Procter & Gamble Health, Pondy Oxides, Popular Vehicles and Services, Jash Engineering, Carraro India, Camlin Fine Sciences and Apeejay Surrendra Park Hotels.
Strong earnings from these companies may provide fresh direction to the market in the near term.
The primary market also stays active on Tuesday with multiple public offers open for subscription.
Yaashvi Jewellers IPO enters the second day of subscription. The company aims to raise ₹43.88 crore from the primary market. Investor response remains under close watch as the jewellery sector continues to attract retail interest.
SMR Jewels IPO opens for subscription on Tuesday. The company plans to raise ₹67.23 crore through the issue. The price band stands between ₹128 and ₹135 per share. The lot size remains 1,000 shares.
Rajnandini Fashion India IPO also opens for bidding on Tuesday. The company seeks to raise ₹18.21 crore through the public offer. The price band ranges from ₹59 to ₹63 per share, while the application lot size stays at 2,000 shares.
The steady flow of IPO activity reflects continued confidence in the Indian capital market despite global uncertainty.
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The Indian stock market shows resilience despite global tensions and rising crude oil prices. Support from IT, metal and chemical shares helps benchmark indices recover from early weakness. Broader markets continue to perform well with steady gains in mid-cap and small-cap stocks.
Investors now focus on quarterly earnings, crude oil movement and global geopolitical developments for further market direction. Strong domestic participation and sector-specific buying continue to support overall sentiment in the market.
The benchmark indices recovered early morning losses given targeted value-buying in resilient sectors, specifically IT, metal, and chemical stocks, which offset initial market weakness.
Brent crude oil spiked 1.7% to $97.78 per barrel following reports of defensive U.S. military strikes on missile sites in southern Iran, raising supply disruption fears through the vital Strait of Hormuz.
The broader markets are significantly outperforming large-cap indices. The Nifty MidCap index moved up 0.36%, while the Nifty SmallCap index surged 1.01%, signaling a strong risk appetite among domestic retail investors.
The consumer durables, healthcare, and realty sectors face localized profit-booking and pressure amid cautious trading sentiment, high pharmaceutical selling, and ongoing concerns regarding elevated interest costs.
The primary market remains busy with major SME listings, including Yaashvi Jewellers entering its second day, alongside the fresh openings of SMR Jewels and Rajnandini Fashion India public biddings.
