Indian benchmark indices Nifty and Sensex ended on Tuesday with modest gains, breaking a four-day losing streak, as a strong rally in banking, metal, and energy stocks lifted sentiment. However, a selloff in IT and FMCG stocks kept investors cautious.

Sensex climbed 437.73 points or 0.57 per cent to 76,767.74. Nifty stood at 23,219.55, up 133.60 points or 0.58 per cent. In the broader market, every two stocks advanced for even one that declined.

The Nifty 50 ended the session with a gain of 0.35% at 23,167, while the Sensex closed at 76,500 marking a 0.22% increase from the previous close. Likewise, the Nifty Smallcap 100 index rose by 1.97% and the Nifty Midcap 100 index concluded the day with a gain of 2.

Adani Enterprises, Adani Ports, NTPC, Hindalco and Shriram Finance were among the major gainers on the Nifty, while losers included HCL Tech, HUL, Apollo Hospitals, Titan Company and TCS. On the sectoral front,

The performance comes ahead of the Budget 2025 announcement, with Q3 earnings, foreign investors flow and global trends emerging as key triggers currently. On January 14, 2025, the market is open despite the public holiday in many states due to the celebration of Makar Sankranti 2025.

The Indian market closed lower on January 10 after a highly volatile session, with the Nifty falling below 23,350. The decline was driven by broad-based selling across sectors, except for IT stocks, which surged following TCS's better-than-expected Q3 results.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,583 level, a discount of nearly 63 points from the Nifty futures’ previous close.

With today's fall, Sensex and Nifty have entered in a correction phase. From its 52-week high of 85,978.25 (touched in September 2024), Sensex has crashed 8,599.34 points or 10 per cent. Likewise, the Nifty 50 index has fallen 2,

The Nifty 50 ended the session with a drop of 0.54%, settling at 23,442 points, while the Sensex wrapped up the session with a drop of 0.40%, at the 77,312 level. It was the mid- and small-cap stocks that continued to be hammered by investors sharply in Friday's session.