After opening higher, Indian benchmark indices rallied as the session progressed, ending the day strongly.

Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday amid signs of stability emerging in other Asian markets.

At the closing bell, the BSE Sensex stood higher by 1,089 points (up 1.5%).

Meanwhile, the NSE Nifty closed higher by 374 points (up 1.7%).

Cipla, Titan, and Shriram Finance are among the top gainers today.

Power Grid Corporation, on the other hand, was among the top losers today.

The GIFT Nifty was trading at 22,61,9 up by 299 points at the time of writing.

The BSE MidCap index ended 1.9% higher, and the BSE SmallCap index ended 2.1% higher.

Sectoral indices ended on a positive note in the oil and gas sector, realty sector, and energy sector, witnessing most buying speer.

The rupee is trading at 86.24 against the US$.

Gold prices for the latest contract on MCX are trading 1.3% higher at Rs 88,058 per 10 grams.

Meanwhile, silver prices were trading 1.5% higher at Rs 89,586 per 1 kg.

Here are the four key factors drive the market's momentum.

#1 Ease in Trade War Tension

US President Donald Trump has stated that several countries are now eager to negotiate on the tariffs imposed by his administration. This indicates that fears of a full-blown trade war are easing, with the focus now shifting from reciprocal tariffs to constructive trade talks.

#2 RBI Rate Cut Buzz

The RBI policy meeting is currently underway, with the market anticipating at least a 25 basis point rate cut by the central bank. This expectation has triggered buying at discounted levels on Tuesday. Investors believe the RBI's Monetary Policy Committee (MPC) will address rising concerns around liquidity and inflation, especially in the aftermath of Trump's tariff developments.

#3 Positive Q4 Expectations

After a promising Q4 business update given by most Indian banks, the market expects strong Q4 results from the banking majors. Many banks are also exerting fund-raising options.

#4 Robust Global Cues

After experiencing a bloodbath on Monday, the Asian stock market opened significantly, as the Japanese Nikkei index gained over 5% in the early morning session. Hong Kong's Hang Seng index surged around 1.50%. At the same time, other Asian bourses also witnessed strong buying interest
 

Why is IGL Share Price Falling?

In news from the energy sector, shares of Indraprastha Gas declined by 5% on Tuesday following reports that the Delhi government has proposed phasing out CNG-powered autorickshaws in the capital under its draft EV Policy 2.0.

While IGL derives around 30% of its total volumes from CNG-primarily from private vehicles like cars-the proposed policy shift raises long-term concerns for the company.

As per a PTI report citing the draft policy, no new CNG auto-rickshaw registrations will be allowed from August 15, 2025. Additionally, existing permits for CNG autos will not be renewed after that date and will instead be replaced with electric auto permits.

Moreover, all CNG auto-rickshaws over 10 years old must be retrofitted or replaced with battery-operated vehicles during the policy period.

The draft policy also proposes that starting August 15, 2026, petrol, diesel, and CNG-powered two-wheelers will no longer be permitted on Delhi roads.

These developments have raised investor concerns about the long-term impact on IGL's CNG business.

Why Macrotech Developers' Share Price is Rising

Moving on the news from the realty sector, shares of Macrotech Developers, the real estate firm behind the Lodha brand, moved higher in early trade on April 8, following a strong operational update for the March quarter.

In its Q4FY25 business update, the company reported pre-sales of Rs 48.1 billion, exceeding street estimates of Rs 47 billion. For the full year, Macrotech recorded pre-sales of Rs 176.3 billion, marking a 21% year-on-year growth and surpassing its FY25 guidance.

The rally in the stock was supported by this strong sales momentum, alongside continued expansion in key markets. During the fourth quarter, Lodha added two new projects in Pune with a gross development value (GDV) of Rs 43 billion.

With this, the company now has a presence across nine locations in Pune.

Over the course of FY25, the developer added 10 new projects with a cumulative GDV of Rs 237 billion across the Mumbai Metropolitan Region (MMR), Bengaluru, and Pune, comfortably beating its annual target of Rs 210 billion.

In the digital infrastructure segment, which includes warehousing and industrial spaces, Lodha also added two projects in NCR and Chennai.

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