Indian equity markets opened on a positive note on Tuesday, with the Sensex climbing nearly 100 points in early trade. The Nifty50 hovered above the 25,200 mark, driven by early momentum in auto stocks.
However, broader indices struggled to maintain consistent gains as pockets of profit booking introduced volatility in the market. Investors remained cautious, keeping an eye on global cues and sectoral performance.
Auto stocks led the early rally, reflecting renewed investor interest in the sector. Other key sectors showed mixed performance, with selective buying and selling pressure influencing the movement of the broader market.
Market analysts noted that while early gains suggest optimism, volatility may persist throughout the day due to profit-taking and uneven sectoral trends. Traders are advised to watch for intra-day swings and global cues that could impact market sentiment.
The Sensex Nifty market update indicates cautious optimism as Indian equities navigate early volatility, with auto stocks emerging as early outperformers.
