Markets rise for second day,bulls steady amid volatility

The domestic share market ended on a higher note on Tuesday, as optimism over GST reforms and positive signals from Russia-Ukraine peace negotiations lifted investor sentiment.At close, the Sensex was up 370.64 points or 0.46 percent at 81,644.39, and the Nifty was up 103.70 points or 0.42 percent at 24,980.65. About 2505 shares advanced, 1375 shares declined, and 159 shares unchanged.
Tata Motors, Adani Ports, Reliance Industries, Hero MotoCorp, Bajaj Auto were the top gainers on the Nifty, while losers included Dr Reddy's Laboratories, Cipla, Hindalco Industries, Bajaj Finserv, M&M.On the sectoral front,except pharma, all other sectoral indices ended in the green with telecom, FMCG, media, auto, oil & gas up 1% eachThe BSE midcap and smallcap indices rose 1 percent each.
Rupee Close: 
On 19 Aug'25, the Indian rupee ended 39 paise higher to close at 86.96 against the US dollar on Tuesday, supported by lower risks of additional U.S. tariffs on domestic goods and optimism that planned tax cuts will bolster growth.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated, the national market continued the renewed momentum, buoyed by expectations of GST rationalisation and a recent upgrade in India's credit rating. Additional optimism came from signs of easing geopolitical tensions between Russia and Ukraine, shifting the near-term outlook from consolidation to a more constructive stance. However, the uptrend may face resistance until greater clarity emerges on US-India trade negotiations.Notably, small- and mid-cap stocks outperformed, with auto stocks leading gains, driven by hopes that China may address supply concerns related to rare earth magnets.
Market experts recommended five stocks to buy on Tuesday-Garuda Construction and Engineering, Fiem Industries, Kamat Hotels (India), NESCO and SRM Contractors.

(Business Correspondent)