Indian Markets Open Higher: Sensex Up 200 Points, Nifty Above 25,900; Airtel Slumps

The S&P BSE Sensex opened strong on Tuesday, rising 274.90 points to 84,861.91, while the NSE Nifty50 gained 83.25 points to 25,968.05 as of 9:28 am.

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said such short-term market movements often defy apparent logic. “Sometimes the market drifts without a clear reason. Very short-term moves can go against emerging fundamentals, driven instead by technical factors and positioning around futures expiry dates. Yesterday’s 74-point fall in Nifty, despite Rs 4,697 crore of institutional buying, is a classic example of expiry-related volatility,” he explained.

Among early gainers, Trent led with a 1.53% rise, followed by Bajaj Finance (0.88%), Power Grid (0.86%), Tech Mahindra (0.80%), and Tata Steel (0.78%), boosting market sentiment. On the downside, Bharti Airtel emerged as the biggest loser, falling 2.24%, while Hindustan Unilever slipped 0.09%, BEL dropped 0.21%, M&M declined 0.29%, and Eternal dipped 0.31%.

Advising retail investors, Vijayakumar said, “During such indecisive movements, it’s best to avoid active trading and gradually accumulate high-quality growth stocks that are available at attractive valuations due to volatility. Psychological discipline is crucial; these stocks are likely to rebound soon.”