Sensex, Nifty at fresh high; Wipro, TCS, Infosys top gainers

Key Indian equity indices opened at fresh highs during the early morning trade session on Tuesday.

According to market observers, consumer durables, capital goods and IT stocks witnessed healthy buying.

At 9.16 a.m., the wider Nifty50 of the National Stock Exchange (NSE) traded 16 points or 0.15 per cent higher at a new high of 10,757.55 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,877.71 points, traded at a fresh level of 34,903.28 points -- up 59.77 points or 0.17 per cent -- from its previous session`s close.

The Sensex has touched a new high of 34,936.03 points during the intra-day trade so far.

The BSE market breadth was bullish as 818 stocks advanced as compared to 342 declines.

Among the gainers on BSE, IT stocks took lead with Wipro taking top spot trading at Rs 325.20 per piece up 2.77%, followed by TCS at Rs 2,800.55 per piece above 1.94% and Infosys at Rs 1,099.45 per piece higher by 1.76%. 

Other gainers on BSE were - Hindustan Unilever at Rs 1,384.85 per piece up 1.30%, Adani Ports at Rs 425.65 per piece up 1.22%, Bharti Airtel at Rs 510.20 per piece up 1.21%, Larsen & Toubro at Rs 1,335 per piece up 0.90% and Dr Reddy's Laboratories at Rs 2,455 per piece up 0.89%. 

Losers on BSE involved - HDFC trading at Rs 1,843 per piece down 1.44%, Reliance Industries at Rs 938.65 below 0.94%, Coal India at Rs 302.85 per piece lower by 0.85%, Asian Paints at Rs 1,193.45 per piece tumbling by 0.69% and Tata Steel at Rs 779.05 per piece gradually down by 0.53%.

On Monday, easing inflation, coupled with an optimism surrounding quarterly corporate earnings, pushed the key indices higher, with the NSE Nifty50 index crossing the 10,700-mark for the first time.

The Nifty50 rose by 60.30 points or 0.56 per cent to close at a fresh level of 10,741.55 points, while the Sensex closed at a record high of 34,843.51 points -- up 251.12 points or 0.73 per cent.