Auto Stocks Drive Sensex to Record High as Broader Market Extends Gains
Indian equities surged to fresh peaks on Tuesday afternoon, propelled by strong performance in automotive shares. The benchmark Sensex climbed 0.49% to 81,669.66 while the Nifty 50 advanced 0.44% to 24,987.30, continuing the morning's bullish momentum.
Tata Motors led the charge with a 3.5% rally, followed by Bajaj Auto and Hero MotoCorp as Optimism around potential GST reforms buoyed the sector. Reliance Industries maintained its upward trajectory with a 2.48% gain, while Adani Ports rounded out the top performers.
Market breadth remained firmly positive with nearly twice as many advancing stocks as decliners on the BSE. The rally demonstrated broad-based participation across sectors, though pharmaceutical and metal stocks showed isolated weakness.
