Equity benchmarks on Tuesday started the trade on a firm note with the Sensex climbing over 395 points helped by buying in HDFC twins, foreign fund inflows and falling crude oil prices.
The 30-share BSE benchmark index was trading 395.29 points higher at 59,858.07 during the early trade. Similarly, the broader NSE Nifty climbed 105.2 points to 17,803.35.
From the Sensex pack, Asian Paints, Mahindra & Mahindra, Nestle India, Axis Bank, IndusInd Bank, HDFC Bank and HDFC were the lead gainers.
On the other hand, Bharti Airtel and Tata Steel were the laggards.
In Asia, Seoul and Shanghai were trading higher, while Tokyo and Hong Kong quoted lower in mid-session deals.
Markets on the Wall Street had ended higher on Monday.
Stock markets were closed on Monday on account of Independence Day.
The 30-share BSE index had ended 130.18 points or 0.22% higher at 59,462.78 on Friday. The Nifty had advanced 39.15 points or 0.22% to 17,698.15.
Meanwhile, the international oil benchmark Brent crude was trading 1.31% lower at $94.25 per barrel.
Foreign institutional investors (FIIs) were net buyers in the Indian capital market as they purchased shares worth ₹3,040.46 crore on Friday, according to exchange data.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
