After Monday's debacle, Sensex, Nifty bounce back; all indices in green

After logging the worst single-day decline in 10 months, benchmark indices Sensex and Nifty bounced back on Tuesday.

At the time of writing this report, Senex was up over 400 points and Nifty over 150 points.

The broader markets were up too, with Nifty Midcap rising over one per cent and Nifty small cap over 1.50 per cent.

The Nifty Realty, Metal, and IT indices too were in the green, rebounding from the steep losses seen on Monday, when fears that US President Donald Trump's policies on reciprocal tariffs may lead to recession and higher inflation in America in the near future unnerved investors.

Asian markets were trading higher as well, with Japan’s Nikkei taking charge even as the US market continued to be volatile.

Shriram Finance, Titan, Grasim, Bajaj Finserv, BEL, Eicher Motors and SBI led the charge among the Nifty pack, rising over per cent, while Titan, Bajan Finserv, SBIN, Bajaj Finance and Tata Motors were among top Sensex gainers.

After a 65 per cent spike ahead of the trading day on Monday, the volatility index India VIX eased off nearly 14 per cent on Tuesday's morning session.

On Monday, NSE Nifty tumbled 742.85 points, or 3.24 per cent, to settle at 22,161.60. Intra-day, the benchmark dropped 1,160.8 points, or 5.06 per cent, to 21,743.65. The 30-share BSE benchmark Sensex tanked 2,226.79 points, or 2.95 per cent, to settle at 73,137.90. During the day, the benchmark index slumped 3,939.68 points, or 5.22 per cent, to 71,425.01.

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