Sensex, Nifty continue winning streak for sixth day

Sensex, Nifty continue winning streak for sixth day

FMCG and banking stocks led the charge, keeping market momentum strong despite global headwinds.
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Mumbai

The Indian stock markets kept their winning momentum on Tuesday, marking six straight days of gains, mainly boosted by strong buying in FMCG and private banking stocks.

Sensex opened with a 320-point jump at 79,728 but soon dipped to 79,253 due to weak global cues, especially from the US markets. However, it recovered quickly and stayed in the green throughout the day. It even touched a high of 79,824 before ending at 79,596, up by 187 points or 0.24 per cent.

Over the last six sessions, Sensex has gained 5,749 points, or 7.8 per cent, showing robust investor confidence.

Nifty followed a similar pattern, falling to 24,072 early on but bouncing back to a high of 24,243. It finally closed at 24,167, up by 42 points or 0.2 per cent.

The rally came on the 29th anniversary of the NSE, making the gains even more special.

Experts noted strong sector-wise buying, especially in FMCG and banking.
"For Nifty, the highest open interest on the call side was seen at the 25,500 and 24,200 strike prices, while on the put side, it was concentrated at the 24,000 and 23,000 levels," said Sundar Kewat of Ashika Institutional Equity.

He also noted the Put-Call Ratio (PCR) was at 1.05, suggesting a slightly positive trend.

Bank Nifty rose strongly after RBI’s move to ease LCR norms from April 2026. Realty, Consumer Durables, and FMCG also performed well, while IT was the only sector to end in red.

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