On Tuesday, the Indian equity market closed the day in green with the Nifty 50 opening at 23,493.20, reaching a high of 23,656.80, and closing at 23,581.15, up 0.74%. Similarly, the BSE Sensex opened at 75,826.68, reached a high of 76,304.26, and ended at 76,070.84, up by 0.75%.The Indian share market traded in the green following uptrends in Asian and U.S markets.Reasons for the positive sentimentThe following are the reasons for the positive sentiment in the stock market:Value buying across sectors such as automobiles, realty, and metals. Positive cues from broader global markets.India VIX dropped by 8.75% to 19.71, indicating market stability.Major Indices Today IndicesLTPPrev closeChangeNifty 5023,581.1523,408.800.74%BSE Sensex76,070.8475,502.850.75%Next 5065,021.6064,462.300.87%Bank Nifty54,876.0054,413.400.85%Fin Nifty25,724.6525,515.250.82% The major indices, Nifty 50 and Sensex, traded higher, led by gains in Banking and Automobile stocks.Nifty Next 50 traded in green amid gains in Automobile, Power, and Metal stocks.Nifty Bank traded in green amid broader market sentiment.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT28,760.9029,042.55-0.97%Nifty Auto25,117.1024,599.102.11%Nifty FMCG48,104.4548,468.85-0.75%Nifty Pharma22,597.5522,547.200.22%Nifty Healthcare14,439.9514,402.750.26%Nifty Oil & Gas11,127.2511,108.750.17% Nifty IT traded lower amid cautious market sentiment ahead of the upcoming U.S FOMC meeting.Nifty FMCG traded lower amid profit-booking after the recent rally.Nifty Auto traded higher after stock-specific news, like automobile companies announced a price rise amid rising commodity costs.Nifty Pharma traded in green after Zydus Lifesciences and Lupin signed a pact to bring Semaglutide Injection to India.Nifty Oil and Gas traded higher as Indian state-owned fuel retailers sought advance payments for gasoline and gasoil supplied to fuel pumps nationwide.Market Movers Today Oberoi Realty shares rose by 3% after the company entered into a development agreement for lands in Mumbai, belonging to Maharashtra Housing and Area Development Authority (MHADA).Redington shares dropped by 5% as the operations of its arm in the Gulf region are being carried out in a restricted manner due to ongoing geopolitical tensions.Fractal Analytics shares rose 5% after the launch of its LLM Studio, an enterprise platform that enables GenAI customisation using NVIDIA NeMo and NVIDIA NIM Microservices.IT stocks, such as Wipro, dropped by 3%, Infosys by 2.2%, HCL Technologies by 2.1%, and TCS by 1.8% ahead of the upcoming US Federal Reserve monetary policy meeting. Top Gainers Company NameLTPPrev CloseChangeEternal234.63222.045.67%Steel Authority of India153.53144.696.11%NALCO395.15372.256.15%MCX2,671.802,555.604.55%Tata Steel195.43186.944.54% Top Losers Company NameLTPPrev CloseChangeHindustan Petroleum346.20353.80-2.15%Tata Elxsi4,103.604,202.20-2.35%Persistent Systems4,529.404,638.80-2.36%Bandhan Bank159.58162.54-1.82%Wipro191.32195.11-1.94% 52W High Stocks Company NameLTP52W highChangeIPCA Laboratories1,565.301,624.000.53%Acutaas Chemicals2,302.602,324.306.36%Vardhman Textiles553.85559.904.24%Jindal Poly Films969.85970.704.91%Aeroflex Industries251.77253.001.97% 52W Low Stocks Company NameLTP52W lowChangeTata Consultancy Services2,391.702,360.00-0.73%Cipla1,281.901,275.60-1.39%Infosys1,232.901,215.10-1.35%HCL Technologies1,321.101,297.70-0.56%SBI Cards693.85687.80-0.24% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.259.39-1.49%Yes Bank18.6418.540.54%Suzlon Energy41.2741.010.63%ITC304.85308.25-1.10%Ashok Leyland176.11172.771.93% IPOsGSP Crop Science IPO is open and will close on 18th March. The price band set for the IPO is from ₹304 to ₹320 per share.Innovision IPO closed today. The price band set for the IPO is ₹494-₹519 per share.Allotted todayRajputana Stainless shares allotted today. Investors can check their allotment status on the BSE and NSE websites.Market AnnouncementsCapacite Infraprojects shares were down by 4.5% after Polunin Emerging Markets Small Cap Fund reduced more than half a percent stake in the company.Adani Power shares rose 2%, driven by rising expectations for summer power demand and a 1,600 MW thermal power supply order from Maharashtra State Electricity Distribution Company.