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
Tulsi tea, brewed from the leaves of the holy basil plant, has been celebrated in…
New Zealand’s Tongariro National Park is battling a massive wildfire that has spread across 1,600…
Prime Minister Narendra Modi said the Northeast has transformed from India’s frontier into its forward…
Mukesh Ambani announced the establishment of 'Yatri Evam Varishth Seva Sadan' in Nathdwara after attending…
Kotak Mahindra AMC Managing Director Nilesh Shah said India contributes 8–10% of global growth and…
Goldman Sachs (GS) has upgraded India’s equity market outlook to Overweight, setting a Nifty target…