Indian stock markets extends gain for sixth continuous days, banks major contributors

 The Indian stock markets extended their gaining streak to sixth days, with banking stocks boosting the market’s sentiment.
On Tuesday, Reserve Bank of India’s (RBI) liquidity-boosting measures boosted the investor’s sentiments.
The RBI’s measures helped offset the weak global cues originated from the reciprocal tariffs announced by US President Donbald Trump.

At the end of the trading session, Sensex up 187.09 points at 79,595.59, while the Nifty was up 41.70 points at 24,167.25.
Despite negative cues from Wall Street, the Indian equity market opened on a flat note, with the Nifty starting the day at 24,185.
Bank Nifty led the rally, jumping sharply following the Reserve Bank of India’s announcement to ease final Liquidity Coverage Ratio (LCR) norms, effective from April 2026.

Beyond the banking space, sectors such as Realty, Consumer Durables, and FMCG also witnessed notable gains. The only sector to close in the red was IT.
Globally, U.S. markets remained under pressure, weighed down by persistent selling.

In the derivatives segment, 158 stocks advanced while 64 declined. Significant open interest build-up was observed in stocks like RBL Bank, Syngene, Crompton, MFSL, and Grasim.

Meanwhile, the volatility index, India VIX, cooled off sharply by 1.83 per cent to 15.23, indicating reduced market volatility.
“As the monthly expiry is approaching, market participants are advised to adopt a neutral strategy for the upcoming month,” said VLA Ambala, Co-Founder of Stock Market Today.
“Nifty formed a spinning top candle on the daily chart, indicating indecision in the market,” according to Hrishikesh Yedve, AVP Technical and Derivative Research, Asit C. Mehta Investment Interrmediates Ltd.