Indian Equity Markets Continue Bullish Streak

Investors in the Indian equity markets have witnessed an unprecedented wealth creation of Rs 33.55 lakh crore over the past six days, as the markets extended their bullish run. The BSE Sensex saw a modest increase of 187.09 points, or 0.24%, closing at 79,595.59 on Tuesday, marking an overall gain of nearly 8% during this period.

Market Capitalization Hits New Highs

Since April 9, the 30-share benchmark has rallied by 5,748.44 points, a 7.78% jump, elevating the total market capitalization of BSE-listed companies to Rs 4,27,37,717.23 crore. The NSE Nifty also continued its winning streak for the sixth consecutive session, ending at 24,167.25.

Sectoral Performance and Investor Sentiment

Prashanth Tapse, senior VP at Mehta Equities Ltd, highlighted the positive sentiment driven by continued FII buying and optimism over India's potential benefits from US-China trade tensions. Despite overbought conditions, sectors like real estate, FMCG, and consumer durables led the gains, while tech, IT, and telecom stocks lagged.

Vinod Nair, head of research at Geojit Financial Services, pointed to improving domestic macroeconomic indicators and expectations of RBI rate cuts as key factors supporting corporate earnings in FY26.

Broader Market Trends

The BSE smallcap and midcap indices rose by 0.82% and 0.81%, respectively, with 2,477 stocks advancing out of 4,130 traded. FIIs remained net buyers for the fourth consecutive session, injecting nearly Rs 2,000 crore into the markets.