Markets Recover as Sensex Jumps Over 580 Points, Nifty Opens Above 24,150

Indian equity benchmarks opened higher on Tuesday, recovering after the sharp decline seen in the previous trading session as investor sentiment improved with some easing in global market pressures.

The BSE Sensex rose by more than 580 points in early trade, while the Nifty 50 moved above the 24,150 mark, signalling a rebound on Dalal Street after volatility linked to geopolitical developments and rising crude oil prices had weighed on markets earlier.

Market participants tracked movements in global equities and commodity prices, particularly crude oil, which had triggered concerns about inflation and corporate margins in recent days. A moderation in oil prices provided some relief to investors and supported buying in several sectors.

Gains were seen across segments such as financial services, pharmaceuticals and select consumption stocks, which helped lift the broader indices. Midcap and smallcap stocks also showed signs of stability after witnessing pressure in the previous session.

However, analysts indicated that investors remain cautious as global cues continue to influence domestic markets. Movements in crude oil, geopolitical developments and foreign investor flows are expected to guide market direction in the coming sessions.

Despite the rebound, traders are expected to remain selective in their bets as markets navigate a mix of global uncertainty and domestic economic indicators.