Market Overview - Markets opened positively on Tuesday, with the BSE Sensex at ₹84,210.00, up from ₹84,065.75, and trading at ₹84,310.07, an increase of 244.32 points or 0.29% [1] - The Nifty 50 index opened at ₹25,922.65, up from ₹25,867.30, and was trading at ₹25,942.65, an increase of 75.35 points or 0.29% [1] Recent Performance - On Monday, the Nifty gained 174 points and the Sensex surged 485 points, with nearly all key sectoral indices trading positively [2] - The Media index led the gains, soaring by 4.30% [2] Influencing Factors - Optimism in domestic markets is driven by the recent India-US interim trade deal, which is viewed as a structural positive enhancing India's export competitiveness [2] - Foreign institutional investors (FIIs) turned net buyers on Monday, purchasing shares worth approximately ₹2,255 crore, marking the second consecutive session of buying [2] - Domestic institutional investors (DIIs) remained largely neutral with marginal net buying of around ₹4 crore [2] Global Market Influence - Global markets provided strong support, with US markets closing higher; the Dow Jones Industrial Average reached a new all-time high of 50,135 [3] - The S&P 500 climbed 0.5%, and the Nasdaq advanced 0.9%, driven by technology stocks [3] Sector Performance - Banking stocks showed strength, particularly State Bank of India, which outperformed sharply following strong Q3 results [5] - The rally was led by banking, PSU banks, metals, and select consumption and capital goods stocks [5] Technical Outlook - Analysts remain cautiously optimistic about the near-term market outlook, with key support levels at 25,750 / 83,800 [6] - As long as the market stays above these levels, the upward trend is likely to persist, with potential rises towards 26,000-26,100 / 84,500-84,700 [6]