Overview

• Equities advanced for a second session with early Tuesday trade pushing the Sensex past 82,000 and keeping the Nifty above 25,000.
• Financials and technology shares drove gains, with the Nifty IT index up about 1.5% on Monday as major IT names firmed.
• Market commentators pointed to solid bank updates for Q2, improving global risk appetite, and rupee strength that supported foreign investor sentiment.
• Choice Institutional Equities issued a broadly constructive IT-sector view with specific Buy/Add/Sell targets, while cautioning on potential visa-fee changes and currency swings.
• Company-specific catalysts included Excel Realty’s move to lift authorised share capital to ₹500 crore and Servotech’s ₹13 crore, 3 MW rooftop solar order from North Central Railway’s Agra division.