Benchmark equity indices surged in early trade on Tuesday, reflecting strong trends in Asian markets and buying in blue-chips HDFC Bank and State Bank of India.
The 30-share BSE Sensex soared 237.05 points to 77,578.13 in early trading. The Nifty climbed by 65.8 points to 23,603.65. Bank Nifty jumped 309.75 points to 52,013.70.
Havells India, Bosch, Zomato, UltraTech Cement, Axis Bank, TVS Motor Company, Samvardhana Motherson, HAL, HDFC Bank, Hindalco, Bharat Electronics, Apollo Hospitals, and SBI were the top gainers.
Among the laggards were Info Edge (India), RECL, Cholamandalam Invest, DLF, ICICI Lombard, Godrej Consumer, HCL Technologies, Jindal Steel & Power, Ambuja Cements, and Adani Ports.
In Asian markets, Singapore, Thailand, Tokyo, Hong Kong, and South Korea were trading in positive territory, while Indonesia, Malaysia, Taiwan, and Shanghai were trading in negative territory.
US markets closed on a mixed note on Monday.
European markets concluded higher on Monday.
Brent crude lost 0.02 percent to USD 85.99 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 653.97 crore on Monday.
On Monday, the Sensex advanced 131.18 points, or 0.16 percent to 77,341.08, while the Nifty moved 36.75 points, or 0.15 percent to 23,537.85.
Also read: China Releases New Regulations To Punish Taiwan Separatists
PM Narendra Modi met with the Foreign Ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan…
PM Narendra Modi spoke with Canada's new Prime Minister Mark Carney on Friday, congratulating him…
On the occasion of World Environment Day, Vedanta Ltd announced a significant milestone in its…
India attracted over $500 billion in foreign direct investment (FDI) equity inflows between 2014 and…
PM Narendra Modi strongly condemned Pakistan for the Pahalgam terror attack, accusing it of trying…
PM Narendra Modi on Thursday launched a scathing attack on Pakistan for attempting to derail…