Stock market: Sensex gains 150 pts, Nifty tests 18k-level
Domestic equity benchmarks Nifty50 and S&P BSE Sensex opened in green ahead of Diwali. Nifty50 opened at 17,970.90 while Sensex started Tuesday at 60,360.61, gaining over 150 points.
Domestic equity benchmarks Nifty50 and S&P BSE Sensex opened in green ahead of Diwali. Nifty50 opened at 17,970.90 while Sensex started Tuesday at 60,360.61, gaining over 150 points. The Nifty index also touched even 18,000-level, minutes into opening of the market.
Bank Nifty opened at 39,796.90 and was trading with gains of 174 points or 0.44% at 39,938.15.
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NTPC, Tata Motors, Maruti led the Nifty Pack, while Hindalco, Tata Steel and Sun Pharma dragged it the most. On 30-share Sensex, 24 stocks advanced and 4 declined even as NTPC remained the index topper on Sensex too.
Asian markets traded mixed in the morning trade on Tuesday. Japanese Nikkei 225 was in the red on Tuesday morning as it lost 80 points. Hang Sang Index on Hong Kong Exchange gained over 1.3% and Asia Dow index was up 0.40% in the early trade around 8.15 am.
Earlier, all major US indices ended Monday in positive as Dow Jones gained 94 points to 35,914, Nasdaq 98 points to 15,595 and S&P 500 closed with marginal gain of 8 points at 4614.
The domestic equity market also saw strong buying interest during Monday's closing ahead of Diwali.
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10:07 AM IST