Markets bounce back, Sensex up 1,372 pts, Nifty at 22,912

The domestic share market indices ended on strong note on Tuesday with Nifty above 22,900, followed by US President Donald Trump's announcement of a brief pause in strikes on Iran, along with other factors, which boosted investors' sentiment.At close, the Sensex was up 1,372.06 points or 1.89 percent at 74,068.45, and the Nifty was up 399.75 points or 1.78 percent at 22,912.40.
L&T, Interglobe Aviation, Asian Paints, Eternal and Bajaj Finance were the top gainers on the Nifty, while losers included Coal India, Adani Enterprises, Sun Pharma, Cipla and Power Grid Corp.On the sectoral front,all the sectoral indices ended in the green with auto, IT, metal, media, bank, consumer durables, PSU Bank, Private bank, infra, consumer durables up 2% each.Nifty Midcap and smallcap indices added 2.6 percent each.
Rupee Close:
On March 24, 2026, the Indian rupee halted a three-day streak of record lows to edge higher on Tuesday, as traders assessed mixed signals from Washington and Tehran on a possible resolution to the Middle East conflict. The rupee rose 0.1 per cent to close at 93.8650, compared with 93.9750 in the previous session. The currency has declined about 4 per cent so far in 2026, with most of the losses coming in March amid rising oil prices and foreign investor outflows driven by the ongoing conflict.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated ,the domestic market witnessed a relief rally following a temporary pause in attacks on Iran’s energy infrastructure, which could lead to further leeway in easing West Asia–related tensions. However, caution persists as investors await greater clarity on the developments around the Strait of Hormuz.The resulting supply chain issues are unlikely to have a lasting impact on markets and may be limited to a one- to two-quarter disruption in earnings.Meanwhile, domestic fundamentals remain strong, supported by monetary and fiscal measures that are expected to drive demand once external uncertainties ease.
Market experts recommended to buy five shares on Tuesday-Gujarat Mineral Development Corporation Limited, Sun Tv Network Ltd, Gujarat Fluorochemicals, Premier Energies, and Tech Mahindra.

(Business Correspondent)