Indian equity benchmarks traded firmly higher on Tuesday, with gains seen across frontline, banking and broader market indices, supported by broad-based buying interest.
The benchmark Nifty 50 rose 167.35 points, or 0.7%, to 25,342.75 as of 3:40 pm IST. The broader Nifty 500 outperformed, advancing 262.85 points (1.2%) to 23,082.10, indicating strength beyond large-cap stocks.
The Nifty Bank index gained 393.35 points (0.7%) to settle at 59,598.80, while Nifty Financial Services added 277.20 points (1.0%) to 27,335.20, reflecting steady buying in banking and financial stocks.
Mid- and small-cap segments continued to show relative strength. The Nifty Midcap Select climbed 244 points (1.9%) to 13,381.90, while the Nifty Midcap 150 rose 341.85 points (1.6%) to 21,460.95. The Nifty Smallcap 250 advanced 294.05 points, or 1.9%, to 15,639.55.
Among other broader benchmarks, the Nifty Next 50 jumped 1,509.10 points (2.3%) to 68,205.65, outperforming the frontline index. The Nifty 100 and Nifty 200 also closed higher, gaining 0.9% and 1.1%, respectively.
Overall, the session was marked by widespread participation, with broader indices outperforming the headline benchmarks, indicating positive market breadth during the day’s trade.
