GST reform optimism: Investors cheered potential Goods and Services Tax reform announcements, boosting market expectations on consumption and fiscal policy.

Reliance’s standout performance: Reliance Industries gained over 2%, buoyed by its FY25 annual report and a new healthy-beverages joint venture, contributing significantly to the bench­mark rally.

Tailwinds from global peace talks: Easing geopolitical tensions, particularly positive developments in Russia‑Ukraine negotiations, lifted global sentiment.

Textile stocks surge: Textile companies jumped 3–8% following the government’s suspension of cotton import duties through September, easing input cost pressures.

Broad market breadth: Auto, telecom, FMCG, media, and energy sectors led gains, while mid- and small-cap indices outperformed, showcasing broad investor interest.

Reliance rallies on results and JV news – Stock jumped nearly 2% after strong FY25 earnings and the announcement of a healthy-beverages joint venture, reinforcing its market leadership.

Tata Motors powers auto sector – Surged ~3.6% as upbeat passenger vehicle demand and EV traction pushed the auto index higher, making it one of the day’s top gainers.

Maruti Suzuki hits fresh record – Climbed 1.2% to ₹14,248.50, scaling a new 52-week high on strong sales momentum and bullish outlook for hybrid and premium models.

Vardhman Textiles benefits from duty relief – Shares spiked almost 6% after the government suspended cotton import duties till September, lifting the entire textile sector’s margins.

Vedanta gains on dividend buzz – Advanced around 2% as investors anticipated another interim payout, underscoring shareholder-friendly policy and boosting confidence in metals.

Earnings strength: Reliance Industries rose nearly 2 percent as investors responded positively to its FY25 results. The report highlighted robust contributions from telecom and retail, reinforcing confidence in the company’s diversified model. This earnings momentum reassured the market that Reliance remains well-positioned to sustain leadership in key growth sectors.

Strategic expansion: The announcement of a new joint venture in healthy beverages added another dimension to Reliance’s consumer-facing portfolio. This move aligns with management’s long-term vision to build out FMCG capabilities, diversifying revenue beyond energy and telecom. Analysts noted the venture could become a significant earnings driver if executed at scale.

Market impact: Reliance alone accounted for a major chunk of the Sensex’s gains on Tuesday. Its performance was instrumental in keeping benchmarks elevated even as other heavyweights traded mixed. The stock reaffirmed its role as a market bellwether with outsized influence on sentiment.

$RELIANCE.NSE ( ▲ 0.73% )

Strong gains: Tata Motors surged more than 3.5 percent, making it one of the top gainers in the Nifty index. The move reflected continued investor optimism in the company’s product pipeline, particularly its electric vehicle lineup. Robust demand trends in both passenger and commercial segments provided further comfort.

Auto sector momentum: The rally in Tata Motors triggered strength across the Nifty Auto index. Peers such as Maruti and Hero MotoCorp also advanced, underscoring healthy demand signals from the broader auto industry. Dealers pointed to improved order books and festive season expectations as catalysts for the sector.

Index contribution: The weight of auto stocks ensured they made a meaningful contribution to Tuesday’s rally. Tata Motors, along with other auto names, amplified overall index gains and offset weakness in selective sectors. This sectoral leadership underscored the market’s tilt toward consumption-driven plays.

$TATAMOTORS.NSE ( ▲ 0.07% )

Record high: Maruti Suzuki advanced 1.23 percent to ₹14,248.50, touching a new 52-week peak. This milestone was achieved just a day after setting its prior record, highlighting the stock’s sustained momentum. Investors interpreted the move as evidence of the company’s resilience in a competitive auto market.

Demand optimism: The rally was supported by robust expectations for passenger vehicle sales in the coming months. Analysts flagged rising demand for hybrid and premium models as a key growth driver. The company’s strong distribution network further enhances its ability to capture evolving consumer preferences.

Sector leadership: By notching a fresh high, Maruti reinforced its leadership position within the Indian auto sector. Its performance complemented Tata Motors’ surge, making autos one of the most influential sectors on the day. Together, these stocks underscored the strength of consumption-led themes in the market.

$MARUTI.NSE ( ▲ 1.82% )

Big jump: Vardhman Textiles rallied nearly 6 percent, making it one of the standout mid-cap performers. The stock benefited from strong buying interest that also lifted peers like Raymond and Welspun Living. Market watchers described the rally as a sharp re-rating of textile names.

Policy tailwind: The gains were fueled by the government’s suspension of cotton import duties until September 30. This measure is expected to lower input costs significantly, improving profitability for domestic textile manufacturers. The policy move was interpreted as a much-needed relief for the industry amid margin pressures.

Sector sentiment: The announcement triggered a broad-based surge across textile counters. Analysts suggested the policy could create short-term tailwinds, while investors focused on export competitiveness as a medium-term driver. The strong rally highlighted how policy levers can quickly shift sector sentiment.

$VTL.NSE ( ▼ 0.67% )

Price move: Vedanta climbed close to 2 percent ahead of a board meeting to consider an interim dividend. Traders positioned themselves for a potential payout, interpreting the move as another demonstration of management’s capital allocation strategy. The buying interest lifted overall activity in metals.

Shareholder focus: Dividend anticipation has kept Vedanta on investors’ radar, particularly those seeking yield plays. The company has a history of consistent payouts, and this has created a floor of support for the stock. Shareholders saw this as an indication of confidence in strong cash flow visibility.

Market read: The dividend buzz came at a time when global commodity prices remain volatile. Despite this backdrop, Vedanta’s steady policy reassured the market of its financial stability. Analysts said this approach could help the stock remain resilient even during cyclical downturns.

$VEDL.NSE ( ▲ 2.64% )