Mumbai: Benchmark indices Sensex and Nifty bounced back in early trade on Tuesday, supported by strong buying in IT stocks, optimism over India-US trade talks, and a rally on Wall Street.
Retail inflation eased to an over eight-year low of 1.54 per cent in September, falling below the Reserve Bank of India’s comfort zone due to softer prices of vegetables, fruits, and pulses, government data showed on Monday.
The 30-share BSE Sensex rose 246.32 points to 82,573.37, while the NSE Nifty gained 83 points to 25,310.35 in opening deals.
Among Sensex constituents, HCL Tech jumped nearly 2 per cent after reporting its September-quarter results. The company posted a consolidated net profit of ₹4,235 crore for the quarter ended September 30, 2025 — a 10.2 per cent sequential growth from ₹3,843 crore in the previous quarter.
Other gainers included Tech Mahindra, Infosys, Tata Steel, Bharat Electronics, and Reliance Industries. In contrast, Maruti, Bajaj Finance, Axis Bank, and Sun Pharma were among the laggards.
A senior official said a delegation of Indian officials will travel to the US this week for ongoing trade talks, adding that negotiations on a proposed bilateral trade agreement are making good progress.
In Asian markets, South Korea’s Kospi and Shanghai’s SSE Composite traded higher, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng were in the red.
On Wall Street, major US indices closed sharply higher on Monday.
Meanwhile, Brent crude rose 0.33 per cent to USD 63.53 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth ₹240.10 crore on Monday.
On the previous trading day, the Sensex had slipped 173.77 points (0.21%) to close at 82,327.05, while the Nifty lost 58 points (0.23%) to settle at 25,227.35, ending a two-day winning streak.
