21 April,2026 11:09 AM IST | Mumbai | mid-day online correspondent
Representational image. File pic
Following the volatility across the market indices on Monday, equity benchmark indices Sensex and Nifty rallied in early trade on Tuesday. The rally on Tuesday came after the second round of talks between the US and Iran, keeping hopes of a resolution to the West Asia conflict alive.
The 30-share BSE Sensex on Tuesday climbed 445.82 points to 78,966.12 in early trade. Whereas the 50-share NSE Nifty also opened in the green, advancing 121.15 points to 24,486.
Along with the equity indices, Brent crude oil prices trading below the USD 100 per barrel mark provided optimism to the markets.
From the 30-Sensex firms, Axis Bank, InterGlobe Aviation, Adani Ports, NTPC, ICICI Bank and HDFC Bank were among the major winners. Whereas Infosys, Tech Mahindra, Tata Consultancy Services and UltraTech Cement were among the top losers on Tuesday.
Benchmark indices on Monday amid the high volatility ended largely flat, with the Nifty50 up 0.1 per cent. The broader markets also underperformed, with the Midcap 100 declining by 0.2 per cent and the Smallcap 100 falling by 0.5 per cent.
On the macro front, India and the US are set to resume trade negotiations from April 20 in Washington. Both sides are expected to revisit the framework of the proposed Bilateral Trade Agreement (BTA) amid changes in the US tariff landscape.
Parallelly, Union Defence Minister Rajnath Singh will begin a three-day visit to Germany from April 21, with discussions likely centered around strengthening defence ties, including a potential USD 8 billion-plus submarine deal, along with collaboration in AI and cybersecurity.
While the stock market is largely expected to give positive results amid the easing West Asia tension, Foreign Institutional Investors (FIIs) on Monday have offloaded equities worth Rs 1,059.93 crore, according to exchange data.
On Monday, the Sensex closed marginally up 26.76 points or 0.03 per cent at 78,520.30. The Nifty edged up 11.30 points or 0.05 per cent to settle at 24,364.85.
