The stock market opened with a strong rally on Tuesday, bringing smiles to investors. Sensex and Nifty started in the green zone, and there was a good jump in early trading. However, in the middle of this upward movement, shares of some big companies surprised investors with their sudden drop. Mukesh Ambani’s Reliance Industries and Bajaj Finance were among those that slipped despite the market’s positive start.
Sensex Crosses 82,500 Mark
The Bombay Stock Exchange’s (BSE) Sensex opened over 300 points higher than its previous close of 82,200.34. It climbed further to touch 82,538 in early trade, showing strong momentum. Similarly, the NSE Nifty also opened higher and jumped to 25,182 from its previous close of 25,090.70.
What Happened to Reliance Share?
Even though the overall market was rising, Reliance Industries shares were weak. On Monday, Reliance stock fell sharply by 3.24%, and on Tuesday, it continued its downward trend, dropping to ₹1,417.70 in early trade. This consistent fall also impacted Reliance’s market capitalization, which came down to ₹19.32 lakh crore.
Bajaj Finance Share Also Falls
Just like Reliance, Bajaj Finance shares also slipped. Even though it opened in the green, it quickly turned red and was trading around ₹940. This drop came after a major management change in the company. Bajaj Finance’s MD, Anup Kumar Saha, resigned just four months after his appointment. Rajeev Jain, the Vice Chairman, will now take over as MD till March 31, 2028.
Zomato’s Parent Company Stock Soars
On the brighter side, Eternal Limited, the parent company of Zomato, saw its shares rising like a rocket. The stock jumped 14.55% in minutes, opening at ₹293 and later trading at ₹311.25.
Other Fast-Moving Shares
Several other shares showed strong performance:
- Large Cap Stocks: BEL, Trent gained over 1% in early trade.
- Mid Cap Stocks: Paytm (+3.09%), Dalmia Bharat (+2.52%), Sun TV (+2.31%), and Emcure Pharma (+2%) also saw good buying.
- Small Cap Stocks: Primo (+8.78%), AeroFlex (+7.26%), Raclgear (+7.07%), and Advait (+6.78%) were among the top gainers.
Conclusion
The stock market started with energy and excitement but reminded everyone that volatility is part of the game. While many stocks are rising, big names like Reliance and Bajaj Finance facing pressure show that investors need to stay cautious and watch the market closely.
