The Sensex reclaimed the key 75,000 mark in early trading on Tuesday, as the market rose for the second straight session. Investor wealth increased by Rs4.58 lakh crore today to Rs397.38 lakh crore, up from Rs392.80 lakh crore the previous session. In early trading, the Sensex rose 902 points to 75,071, while the Nifty advanced 256 points to 22,764.
The Sensex returned to the 75,000 level after 14 sessions. The 50-stock index reached an intraday high of 75,748 on February 21. The index has been trading below the key level ever since.
The rally today was in line with overnight gains in the US market before the Fed's policy announcement.
Today marks the start of the FOMC's two-day meeting, and it is anticipated that the interest rate will not change.
The top Sensex gainers included Zomato, Asian Paints, ICICI Bank, M&M, L&T, Tata Motors, Sun Pharma, PowerGrid, NTPC, HUL, and Adani Ports. Of the 30 Sensex stocks, 25 were trading in the green.
Despite today's market recovery, the Sensex remains down 4.47%, while the Nifty has lost 4.20% in 2025.
As many as 47 stocks reached 52-week highs today. On the other hand, 217 shares fell to 52-week lows on the BSE. BSE midcap index climbed 527 points to 39,891. The BSE small cap stock index rose 899 points to 44,733.
On the BSE, 2,685 of the 3,890 stocks traded were in the green. Approximately 1,039 stocks were in the red, while 166 remained unchanged.
Despite the fact that the stock market rose sharply today, approximately 231 stocks fell. On the other hand, 155 shares surpassed their upper circuit limits amid bullish sentiment on the BSE and NSE.