Snapping two-day losing streak, Indian equity benchmark -- Nifty settled higher on Tuesday, on account of valued buying. The day began with gains of over half a percent, following positive cues from other Asian markets as signs of potential de-escalation in West Asia conflict after Iran and Isreal halted attacks on each other, and stability in crude oil prices reduced panic among investors. Besides, market participant opted to buy fundamentally good stocks after recent fall, led by banking stocks. Sentiments also remained upbeat after reports showed that India’s merchandise exports have recorded about 15% growth during April-May 2026-27 despite global economic uncertainties. However, during late morning session, index trimmed its gain to trade near neutral line on account of profit taking. But in second half of the session, market staged recovery and continued its firm trade till the end of the session. Finally, Nifty ended with the gains of over 0.52%.
