Nifty Expiry Today | Stock Market Today: Indian stock markets extended their winning streak to a fourth consecutive session on Tuesday, with the Sensex and Nifty rising over 4% in four sessions as easing crude oil prices, improving foreign investor flows and strong corporate earnings lifted sentiment.
The Sensex climbed 666 points, or 0.87%, to an intraday high of 76,358.79, while the Nifty 50 advanced 170 points, or 0.7%, to 23,610.70. The gains followed a strong rally on Monday, when both benchmark indices surged 1.7%. The Sensex and Nifty had ended at their highest levels in eight weeks and over five weeks, respectively.
Sentiment also drew support from a decline in crude oil prices. Brent crude traded around $105 a barrel on Tuesday after falling 7% in the previous session. Hopes of progress towards ending the US-Israeli war with Iran improved after reports of talks involving Iran and Qatari mediators, raising expectations of easing geopolitical tensions.
Foreign investor activity provided another positive signal. Foreign portfolio investors (FPIs) turned net buyers of Indian equities on Monday, purchasing shares worth ₹31.15 billion, according to provisional NSE data. Domestic institutional investors (DIIs), meanwhile, were net sellers, offloading equities worth ₹3.92 billion.
The combination of sustained market gains, softer crude prices and a return of foreign buying has helped strengthen investor confidence, although developments in the Middle East and movements in oil prices remain key factors to watch.