Adani Ports, NTPC, Tata Steel, Zomato and Tata Motors were the top gainers on the Nifty. Laggards included HCL Tech, HUL, Titan Company, TCS and Ultratech Cement were the major laggards

At 12.50 pm, the BSE Sensex was up 305 points or 0.$0 per cent at 76,635.57. The NSE Nifty stood at 23,196.15, up 110.20 points or 0.48 per cent. In the broader market, every two stocks advanced for even one that declined.

Mid- and small-caps witnessed a much-needed respite with gains of 1.7 percent and 1.5 percent, respectively. The broader market has had a terrible start to the new year, falling nearly 10 percent already.

The Nifty 50 ended the session with a gain of 0.35% at 23,167, while the Sensex closed at 76,500 marking a 0.22% increase from the previous close. Likewise, the Nifty Smallcap 100 index rose by 1.97% and the Nifty Midcap 100 index concluded the day with a gain of 2.

The performance comes ahead of the Budget 2025 announcement, with Q3 earnings, foreign investors flow and global trends emerging as key triggers currently. On January 14, 2025, the market is open despite the public holiday in many states due to the celebration of Makar Sankranti 2025.

Adani Enterprises, Adani Ports, NTPC, Hindalco and Shriram Finance were among the major gainers on the Nifty, while losers included HCL Tech, HUL, Apollo Hospitals, Titan Company and TCS. On the sectoral front,

Benchmark indices Sensex and Nifty bounced back on Tuesday after four days of sharp decline on easing retail inflation and a rebound in global markets