Opening Bell: Nifty, Sensex open higher for 3rd straight day; auto, financial shares gain, IT stocks decline

The Indian markets on Tuesday opened on positive note for the third consecutive day amid positive global cues and fresh foreign funding.  

Domestic equity benchmarks Nifty50 and the S&P BSE Sensex opened at 17,681.40 and 59,343.79 respectively on Tuesday.  

See Zee Business Live TV Streaming Below:

NTPC, Maruti, Mahindra & Mahindra, Tata Steel, Axis Bank, Bajaj FInserv, Bajaj Finance, Axis Bank and Tata Consumer were the top gainers on the two indices.  Tata Motors, HDFC Bank, Eicher Motors, IndusInd Bank, Infosys, HCL tech, Wipro declined the most on Tuesday.

In the pre-open, the Sensex opened 160 points or 0.27% higher to 59,343.79 as 29 shares advanced, while one declined.  

At 9.10 am, SGX Nifty Futures was trading 15 points higher to 17,713 on the Singaporean Exchange, hinting at positive to flat opening for the Indian markets.  

Earlier on Tuesday, except for Shanghai Composite, which traded 0.35% lower, major Asian indices opened higher as Japanese Nikkei 225 was trading 1.45% higher and Hang Seng index traded 0.20 % up on Tuesday morning.  

On Monday, the US markets closed on a bullish note on the first trading day of 2022. Dow Jones gained 247 points, Nasdaq Composite added 188 points, S&P 500 ended 30 points higher and Russell 2000 closed with 27 points gain on Monday.