Indian equities recovered from intraday lows on Tuesday, supported by firm global cues and selective buying.

The Sensex rebounded nearly 200 points from the day’s low but ended slightly lower, snapping a two-day winning streak amid profit-booking in IT and pharma stocks. The Nifty, however, managed to close marginally higher above 26,150. The Sensex slipped 42.64 points (0.05%) to close at 85,524.84, after moving between 85,342.99 and 85,704.93 during the session. The Nifty added 4.75 points (0.02%) to settle at 26,177.15. Drivers of the rebound: Supportive global markets: Gains across major Asian indices and a positive close on Wall Street lifted sentiment. Softer crude prices: A mild dip in oil prices eased concerns around inflation and the import bill. Lower volatility: India VIX declined to near single-digit levels, signaling reduced market uncertainty. Trade optimism: Expectations around progress in India–US trade discussions remained in focus. Value buying: Early weakness attracted bargain hunters in select stocks, aiding the recovery. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.