Mumbai/Maharashtra:- The stock market staged a strong recovery on Tuesday, with the benchmark Sensex surging 1,109 points and the Nifty closing above 22,720.
The 30-share BSE Sensex closed at 73,033.78, up 1,109.10 points, or 1.54 per cent, near the day's high. This was its biggest single-day gain in four months. During the session, it had climbed 1,120.99 points, or 1.55 per cent, to reach an intraday high of 73,045.67. The 50-share NSE Nifty advanced 358.60 points, or 1.60 per cent, to close at 22,721.95, marking its strongest single-day recovery in more than two months. The index touched a high of 22,721.95 during the session.
Among the 30 Sensex companies, HCL Technologies shares rose 8.28 per cent after the IT company reported a 21.18 per cent increase in consolidated net profit to Rs 5,132 crore for the July-September quarter of financial year 2026-27. The increase was attributed to higher margins from its rapidly expanding advanced AI operations and lower taxes. Tata Consultancy Services gained 6.59 per cent, Tech Mahindra rose 4.90 per cent and Infosys advanced 4.44 per cent.
HUL, Titan, Bajaj Finserv, SBI, HDFC Bank, M&M and ICICI Bank were also among the major contributors to the index's gains. Kotak Mahindra Bank, Eternal and Maruti were among the laggards.
On Monday, the Sensex had fallen 547.65 points, or 0.76 per cent, to close at 71,924.68. The Nifty had declined 157.10 points, or 0.70 per cent, to settle at 22,363.35.
