Indian equity markets witnessed selective buying on Tuesday (December 30), with auto, metal, and financial stocks emerging as top performers on the NIFTY amid muted year-end trade.
Bajaj Auto led the gainers, rising 2.32% to close at ₹9,298, after touching an intraday high of ₹9,299. The stock saw strong buying interest as investors remained optimistic about demand visibility and margin stability.
Metal stocks followed closely. Hindalco Industries advanced 2.12% to ₹883.30, tracking firm global aluminium prices, while Tata Steel climbed 1.96% and JSW Steel added 1.59%, supported by positive international cues.
In the financial space, Shriram Finance gained 1.99%, reflecting continued confidence in NBFCs amid stable credit growth. Axis Bank, State Bank of India, and Bajaj Finserv also closed higher, lending support to the benchmark index.
Auto major Mahindra & Mahindra rose 1.89%, extending gains on expectations of sustained SUV and farm equipment demand.
Market participants remained selective, with heavyweight stocks providing stability to the NIFTY as low volumes and mixed global signals kept broader sentiment cautious.
