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.

Adani Enterprises, Trent, and BPCL among others fell up to 6 per cent on NSE. Nifty Realty, Metal, Consumer Durables bled among sectors falling up to 6 per cent. The BSE MidCap index plunged 4.18 per cent, while the BSE SmallCap index dropped 4.03 per cent.

Indian markets have lost 2.3% in January 2025, marking four consecutive sessions of decline amid rising crude oil prices and foreign capital outflows. Experts recommend a balanced, diversified investment strategy focusing on growth-oriented sectors to navigate the market challenges ahead.

Indian benchmark indices Nifty and Sensex ended on Tuesday with modest gains, breaking a four-day losing streak, as a strong rally in banking, metal, and energy stocks lifted sentiment. However, a selloff in IT and FMCG stocks kept investors cautious.

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.

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.