Mirroring positive cues from the overseas markets, the benchmark stock indices opened on a gung-ho note on Tuesday
Sensex Today: Mirroring positive cues from the overseas markets, the benchmark stock indices opened on a gung-ho note on Tuesday.
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The S&P BSE Sensex opened over 400 points higher at 71,771, and was quoting around 71,800 levels. The NSE Nifty 50 was up nearly 150 points at 21,650.
IT shares were the top gainers among the Sensex 30. Wipro, TCS, Tech Mahindra and Infosys gained around 1-2 per cent each. Tata Motors, SBI, Tata Steel and Larsen & Toubro were the other notable movers.
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Bajaj Auto zoomed over 5 per cent after announcing share buyback at Rs 10,000 per share.
In the broader market, the BSE MidCap and SmallCap indices were also up nearly 1 per cent each.
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Global Cues
Overnight in the US, the Dow gained 0.58 per cent. S&P 500 rose 1.41 per cent and the Nasdaq Composite rallied 2.2 per cent.
Asian stocks also edged higher. Japan’s Nikkei jumped 1.3 per cent. Australia’s S&P/ASX 200 rose 1 per cent. Kopsi in South Korea was up 0.29 per cent and Hang Seng in Hong Kong rose 0.56 per cent.
