Indian equities ended Tuesday's session in positive territory as buying interest in Real Estate, IT and Technology names supported the market. The Nifty 50 rose 0.57% at the close on the National Stock Exchange, while the BSE Sensex advanced 0.71% on the Bombay Stock Exchange.
On the Nifty 50, HCL Technologies Ltd (NSE:HCLT) led the winners, finishing up 3.64% as the stock climbed 40.70 points to close at 1,160.00. Tata Consumer Products Ltd (NSE:TACN) added 2.69%, gaining 29.60 points to end at 1,130.00, and NTPC Ltd (NSE:NTPC) rose 2.24%, up 7.80 points to finish at 355.90.
By contrast, Hindalco Industries Ltd. (NSE:HALC) was the biggest decliner on the index, slipping 2.95% or 29.90 points to close at 984.00. JSW Steel Ltd (NSE:JSTL) fell 1.66% to end at 1,275.00, down 21.50 points, and HDFC Life Insurance Company Ltd (NSE:HDFL) declined 1.03%, a drop of 6.00 points to 575.20.
Turning to the Sensex, HCL Technologies Ltd (BO:HCLT) again rated among the top performers with a 3.65% rise to 1,160.00. NTPC Ltd (BO:NTPC) gained 2.23% to settle at 355.90, while Hindustan Unilever Ltd. (BO:HLL) increased 2.14% to close at 2,202.10.
On the flip side, Tata Motors Passenger Vehicles Ltd (BO:TAMO) ended lower by 0.97%, finishing at 393.00. UltraTech Cement Ltd (BO:ULTC) lost 0.82% to settle at 11,380.00, and Maruti Suzuki India Ltd. (BO:MRTI) dipped 0.75% to 13,701.50 at the close.
Market breadth favored advancers on both exchanges. On the NSE, 1,473 issues gained while 1,070 declined and 42 were unchanged. On the BSE, 2,197 stocks advanced, 1,790 fell and 147 ended unchanged.
Measures of market volatility eased during the session. The India VIX, which reflects implied volatility in Nifty 50 options, fell 6.69% to 13.39, marking a new three-month low.
Commodities displayed mixed moves: Gold futures for August delivery rose 0.32%, or 13.97, to $4,365.57 per troy ounce. Energy contracts moved lower, with July crude oil down 2.69% or $2.17 to $78.58 a barrel and the August Brent contract down 2.52% or $2.10 to $81.07 a barrel.
Currency pairs showed modest shifts. The USD/INR rate fell 0.41% to 94.32, while EUR/INR inched up 0.02% to 109.79. The US Dollar Index Futures was down 0.06% at 99.32.
Overall, the session reflected selective buying across technology and consumer-related stocks, accompanied by lower implied volatility and divergent moves in commodities and currencies.