The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,280 level, a premium of nearly 118 points from the Nifty futures’ previous close.

After a 4-day losing streak, Indian benchmark indices turned positive on Tuesday, supported by PSU Banks, metals, and auto stocks. The Sensex and Nifty rose marginally, with the Nifty PSU Bank and Metal indices surging while the IT sector lagged.

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.

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.

In an attempt to regain control, Bulls pushed the Sensex up by 169.62 points, or 0.22%, to 76,499.63. Likewise, Nifty 50 jumped 90.10 points, or 0.39%, to settle at 23,176.05.