Nifty Media gained 1.59%, while Nifty PSU Bank rose 0.28%. Nifty Auto and Nifty Metal declined 0.45% each, followed by Nifty Energy with a 0.40% fall.
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Nifty Media gained 1.59%, while Nifty PSU Bank rose 0.28%. Nifty Auto and Nifty Metal declined 0.45% each, followed by Nifty Energy with a 0.40% fall.
Asian equities opened mixed on Tuesday, with South Korean stocks leading regional declines as investors weighed rising tensions around Iran, while oil held near $92 a barrel.
The Nifty 50 settled 32.95 points, or 0.14%, lower at 24,219.05, recovering 36.25 points from its provisional close. The Sensex ended 170.70 points, or 0.22%, lower at 77,370.13, improving 42.03 points from its provisional close.
Greater regulatory clarity could help remove some resistance and encourage more institutional participation, according to Unocoin's Sathvik Vishwanath.
Institutional buyers returned to the market this week, with the US-listed spot Bitcoin exchange-traded funds on track for their largest weekly inflows since January.
On Friday,The Nifty 50 settled 20.15 points, or 0.08%, higher at 24,252, recovering from its provisional level of 24,234.75. The Sensex ended 3.11 points higher at 77,540.83, reversing a provisional loss of 15.25 points.
Trump’s push for clearer crypto rules, easing bond yields and strong institutional buying revive optimism as Bitcoin climbs above $70,000.
Broader indices underperformed the benchmark. The Nifty Midcap 150 rose nearly 0.4%, while the Nifty Smallcap 250 gained almost 0.6%. The Nifty Realty led sectoral gains with a rise of nearly 1.5%, while the Nifty PSU Bank ended lower for a sixth consecutive session.
Global cues, support around 24,000 and strength in private-sector banks helped the Nifty recover after seven straight sessions of losses.
Crypto and prediction markets are two growing sectors that the Trump Administration has sought to boost with an industry friendly regulatory framework.