Indian equities staged a powerful rebound on Tuesday after Monday’s war‑driven selloff. The Sensex surged 1,372 points to 74,068.45 and the Nifty 50 jumped 399.75 points to 22,912.40, helped by easing geopolitical tensions, sharp cooling in crude oil, and broad‑based buying across banking, auto, IT, and mid‑small caps. Markets opened gap‑up and sustained strength through the day as global cues turned supportive and the rupee stabilized from Monday’s record lows.
Benchmarks — Closing Snapshot
Sensex: 74,068.45 (+1.89%)
Nifty 50: 22,912.40 (+1.78%)
Nifty Bank: 52,605.65 (+2.27%)
Broader market: Midcaps +2.60%, Smallcaps +2.63%
Volatility & Macro Tickers
India VIX: ~25.11
USD/INR: 93.63–93.87
Brent crude: <$100/bbl intraday
What Drove Today’s Move
Oil cools sharply, Geopolitical relief, Global market bounce,Tape action strong.
Sectors — Winners & Laggards
Leaders: Banks, Auto, IT, Midcaps, Smallcaps.
Laggards: None major; defensives underperformed.
Macro Dashboard to Watch
Crude levels, INR stability, Volatility, West Asia headlines.
Levels & Scenarios (Next Session: Wednesday)
Nifty 50 supports: 22,850 / 22,700 / 22,500
Nifty 50 resistances: 23,060 / 23,150 / 23,400–23,500
Nifty Bank supports: 52,200 / 52,000 / 51,400
Nifty Bank resistances: 53,000 / 53,800–54,700
OI Context
Call OI: 23,000–23,100
Put OI: 22,700–22,800
Strategy — What Traders Can Do Now
Nifty buy-the-dip: 22,850–22,900
Nifty fade supply: 23,050–23,120
Bank Nifty conditional long above 53,000
Swing (1–3 Weeks)
Nifty bullish only above 23,400–23,500.
Bank Nifty trend improves only above 54,700.
Investors (Cash & SIP)
Continue SIPs; avoid chasing gap-ups.
FII–DII Flow Pulse
FII: –₹2,142 Cr
DII: Strong buyers
What to Watch on Wednesday
Crude, INR, VIX, West Asia developments.
Quick Reference — Levels
Nifty 50 buy: 22,850–22,900 | Fade: 23,050–23,120 | Targets: 22,980–23,120 | Risk: <22,700
Bank Nifty buy: 52,200–52,350 | Fade: 53,000–53,400 | Targets: 53,400–53,800 | Risk: <52,000
Disclaimer
This Market Insight is for education and information purposes only. It is not investment advice. Please consult a SEBI-registered financial adviser before making investment decisions.
