In early trading on Tuesday, the BSE Sensex made a significant recovery, rising by 395 points, or 0.5%, to reach 81,420. This marked the end of a six-session losing streak, with the market finding support primarily from the healthcare, banking, financial services, and pharmaceuticals sectors. The positive sentiment was largely attributed to hopes for further stimulus measures from Beijing, as outlined in recent briefings from the National Development and Reform Commission. The anticipation of these measures coincided with the reopening of China's market after the mainland's week-long holiday, providing an optimistic backdrop for Indian equities.

However, despite the positive momentum, gains were somewhat limited by a bearish session on Wall Street the previous night. Rising Treasury yields in the US, following solid jobs data, dampened expectations for any significant rate cuts by the US Federal Reserve. Investors appeared cautious ahead of the Reserve Bank of India's (RBI) monetary policy meeting scheduled for Wednesday, alongside the impending corporate earnings season, especially in light of escalating tensions in the Middle East.

The Nifty 50 index also reflected this positive trend, climbing 0.5% to move above 24,900. Notable gains were observed in stocks such as Trent, which surged 3.4%, followed by Bharat Electronics with a 2.9% rise, and Adani Ports, which increased by 2.4%. Other significant contributors included NTPC at 1.9% and Adani Enterprises at 1.7%.

As the market digests these developments, the focus will remain on the upcoming monetary policy decisions and corporate earnings, which are expected to provide further insights into the health of the Indian economy and guide investment strategies moving forward.

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