Overview

• At the opening bell, the Sensex was near 82,532 and the Nifty around 25,288, extending early strength from the prior session.
• IT and metal shares led early advances, with HCLTech rising about 2% after strong Q2 results and the Nifty Metal index up roughly 1%.
• The commerce ministry signaled that India–US trade negotiations are moving forward, which supported risk appetite even as investors stayed cautious on tariffs.
• Market breadth improved with buying in midcap and smallcap stocks, and analysts highlighted ongoing rotation shaped by valuation gaps between PSU banks and large-cap IT.
• Gains were later pared in volatile trade, with the Nifty slipping below 25,140 and the Sensex near 82,050 by mid-session, while Tata Motors swung on its demerger taking effect and Tata Capital traded near its IPO price after a muted debut.