After falling for two straight sessions in a row, the BSE Sensex rebounded over 250 points in opening trade on Tuesday, led by gains in bank stocks. Likewise, the NSE gauge Nifty rose about 70 points in opening deals. The 30-share Sensex recovered 250.06 points or 0.65 per cent to trade at 38,917.39. While the broader Nifty was up 69.30 points or 0.60 per cent at 11,543.75 in opening trade. The Sensex gain was led mainly by Yes Bank, Axis bank, ICICI Bank, PowerGrid, Tata Motors and HDFC Bank.
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Watch Sensex zooms 200 pts, Nifty nears 11,550; BPCL climbs 6% on divestment news With HD Quality.
After falling for two straight sessions in a row, the BSE Sensex rebounded over 250 points in opening trade on Tuesday, led by gains in bank stocks. Likewise, the NSE gauge Nifty rose about 70 points in opening deals. The 30-share Sensex recovered 250.06 points or 0.65 per cent to trade at 38,917.39. While the broader Nifty was up 69.30 points or 0.60 per cent at 11,543.75 in opening trade. The Sensex gain was led mainly by Yes Bank, Axis bank, ICICI Bank, PowerGrid, Tata Motors and HDFC Bank.
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Watch Sensex zooms 200 pts, Nifty nears 11,550; BPCL climbs 6% on divestment news With HD Quality
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OPENING BELL: Sensex climbs 150 pts, Nifty nears 11,950; Vedanta jumps 4%, YES Bank drops 6%
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OPENING BELL: Sensex gains 200 pts, Nifty tops 11,600; Infosys climbs 4%; Allahabad Bank plunges 13%, DHFL 10%
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Headline indices Sensex and Nifty opened with healthy gains on Tuesday taking cues from their Asian counterparts. At 9:17 AM, the S&P BSE Sensex was trading at 37,328.35, up 274.25 points while the broader Nifty50 was ruling at 11,252.65, up 84.60 points.
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Watch Sensex zooms over 250 pts amid positive global cues; Nifty tops 11,250 With HD Quality
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An up to 3 per cent rout in Asian stocks could not deter domestic stocks rallying over 1 per cent in Monday’s trade, thanks to US president Donald Trump's comments on trade negotiations with China and FM Nirmala Sitharaman’s ‘mini-Budget’ that offered sops to the ailing banking, auto and NBFCs sectors and eased FPI concerns by rolling back tax surcharge announced in the Budget. The BSE Sensex jumped over 650 points in opening trade, but only to slip into negative terrain. It fell over 200 points, before staging a smart rebound. The 30-pack index eventually settled the day 793 points, or 2.16 per cent, higher at 37,494.12. The NSE counterpart Nifty50 closed at 11,057.84, up 228.50 points, or 2.21 per cent.
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After falling for four straight sessions in a row, the BSE Sensex rebounded over 250 points ahead of RBI policy outcome in opening trade on Friday, led by gains in bank stocks. Likewise, the NSE gauge Nifty rose about 70 points in opening deals. All eyes are now set on the Reserve Bank of India’s monetary policy review, where the central bank is widely expected to cut repo rates. The 30-share Sensex recovered 255.45 points or 0.67 per cent to trade at 38,362.32. While the broader Nifty was up 72.30.30 points or 0.64 per cent at 11,386.30 in opening trade.
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The BSE benchmark Sensex closed 87 points higher after a volatile session on Monday, helped by positive Asian equities in the wake of a preliminary trade deal between the US and China. After swinging 448 points, the 30-share Sensex ended 87.39 points, or 0.23 per cent, higher at 38,214.47. It hit an intra-day high of 38,513.69 and a low of 38,066.13. The broader NSE Nifty too rose 36.10 points, or 0.32 per cent, to end at 11,341.15.
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Market benchmark Sensex rebounded over 170 points after a volatile session, helped by fag-end buying in mainly banking and IT stocks. After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at 40,286.48. Similarly, the broader NSE Nifty rose 31.65 points, or 0.27 per cent, to end at 11,872.10.
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Sensex gains 150 points, Nifty nears 11,350; Indiabulls Realty climbs 5%, DLF 4%.
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OPENING BELL: Sensex gains 50 pts, Nifty nears 11,300; ICICI Bank jumps 3%
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