Overview

• The Nifty 50 rose 105 points to 24,973 and the Sensex added 324 to 81,425, logging a sixth straight session of gains.
• IT stocks outperformed after Infosys said its board would consider a share buyback on September 11, lifting peers such as TCS, HCL Tech and Wipro.
• Market sentiment improved after President Trump said talks to address US–India trade barriers are continuing and Prime Minister Modi responded positively, alongside hopes of a near-term Fed rate cut.
• Provisional exchange data showed foreign investors turned net buyers on Tuesday with about Rs 2,050 crore in purchases as domestic funds also bought.
• Analysts flagged stiff resistance around 24,900–25,000 with support near 24,620–24,750, noting profit-taking in autos even as breadth improved with numerous 52-week highs.