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Sensex Edges 62 Points Higher; Nifty Opens Firm on Earnings Momentum
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Opening trades were positive, with Sensex and Nifty inching higher on Q2 strength, stable crude, and global support as investors watch margin guidance from index heavyweights.
Early Tuesday trade showed a steady tone across Indian equities as the BSE Sensex added 62 points to 84,840 and the NSE Nifty climbed 18 points to 25,985. Gains tracked resilient Q2 results, supportive global cues, and stable crude. Banks and capital goods outperformed, while selective profit-taking capped broader advances. Dealers flagged healthy futures positioning and continued domestic inflows as key underpinnings. Strategists said focus remains on margin commentary from heavyweights and any signs of inventory normalization across autos and consumer staples, which could extend near-term breadth.