Gift Nifty Gains Over 700 Points; Daily Trading Outlook
**Market Recovery Snapshot**
**Indices Rebound Post-Budget** Indian equity markets staged a robust recovery on Monday, shaking off the volatility from the Union Budget session. The **Nifty 50** climbed **263 points** (+1.06%) to close at **25,088**, successfully reclaiming the psychological 25,000 mark. The **Sensex** surged **944 points** (+1.17%) to settle at **81,666**, recouping more than half of Sunday’s steep losses.
**Sectoral Leaders & Drivers** Buying interest was broad-based but led heavily by the **Auto** and **Infrastructure** sectors. Key heavyweights like **Larsen & Toubro** (+3%) and **Asian Paints** (+2.8%) drove momentum, supported by gains in **Adani Ports** and **Tata Motors**. However, the IT and Healthcare sectors remained under pressure, limiting the index's upside.
**Institutional Activity** Domestic investors played a critical support role.
* **DIIs:** Net Buyers of **₹2,446 crore** * **FIIs:** Net Sellers of **₹1,832 crore** Foreign outflows continue to weigh on sentiment, with FIIs remaining net sellers in the cash segment.
**Global & Technical Outlook** Despite the domestic bounce, global signals remain weak. US markets closed lower overnight, and Asian indices traded cautiously on Tuesday morning. Analysts warn that while the Nifty has defended the **24,900** support zone, the broader trend remains volatile due to global headwinds and mixed corporate earnings.
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