Indian equity benchmarks recovered from morning losses to turn positive by midday Tuesday, though gains remained limited as information technology stocks continued their weakness.

Indian equity benchmarks recovered from morning losses to turn positive by midday Tuesday, though gains remained limited as information technology stocks continued their weakness. The Sensex rose 0.39 percent to 75,795.82, while the Nifty50 gained 0.29 percent to 23,477.25. CA Eternal, Zomato's parent company, led gains with a 4.87 percent surge, followed by Tata Steel up 2.31 percent and Mahindra and Mahindra advancing 2.25 percent. However, Wipro emerged as the biggest drag, declining 2.23 percent, reflecting broader IT sector weakness. Elevated crude oil prices and persistent technology stock underperformance capped overall market momentum, though selective buying in auto, telecom, and financial stocks provided support. Market breadth showed 2,206 stocks advancing against 1,831 declining, but broader market stress persisted with 326 stocks hitting 52-week lows.