Share Market Today: Sensex, Nifty Hit New Highs. Realty Index Gains; PSU Banks Drag

Share market today: On the 30-share Sensex platform, Airtel, Tata Steel, HUL, TechM, M&M, JSW Steel emerged gainers

Share Market Today: In the broader markets, the BSE Midcap and Smallcap indices jumped 0.56 per cent higher on Tuesday.

Source : PTI

Share market today: The two key equity benchmarks, Sensex and Nifty, on Tuesday hit their fresh record highs amid foreign fund inflows and a rally in the US markets. The 30-share BSE Sensex climbed 186 points to 80,850. On the other hand, the NSE Nifty50 rallied 63 points to hit a new all-time high of 24,650.

Stock update

On the 30-share Sensex platform, Airtel, Tata Steel, HUL, TechM, M&M, JSW Steel emerged gainers. On the down side, Kotak Bank, UltraCemco, Nestle, Reliance, IndusInd Bank, L&T were among the losers.

In the broader markets, the BSE Midcap and Smallcap indices jumped 0.56 per cent higher on Tuesday.

Sectoral update

Sectorally, Nifty Realty was the top gainer, rising 1.3 per cent, while Nifty PSU Bank was the top loser, declining 0.26 per cent.

In the previous session on Monday, the BSE benchmark climbed 146 points to end at a new record high of 80,665, while the NSE Nifty rallied 85 points to settle at an all-time closing high of 24,587.

Global update

In Asian markets, Seoul and Tokyo were trading higher, while Shanghai and Hong Kong quoted lower. US markets ended in positive territory on Monday.

Foreign Institutional Investors (FIIs) bought equities worth Rs 2,684.78 crore on Monday, according to exchange data.

Global oil benchmark Brent crude dipped 0.27 per cent to $84.62 a barrel.

Rupee rises 4 paise

The rupee appreciated 4 paise to 83.57 against the US dollar in early trade on Tuesday, supported by positive trend in domestic equities and foreign fund inflows.

Forex traders said dollar demand from local importers limited the rupee's upward momentum.

At the interbank foreign exchange market, the rupee opened at 83.59 and gained ground to trade at 83.57 against the greenback in initial deals, registering a rise of 4 paise from its previous closing level.

On Monday, the rupee depreciated 10 paise to 83.61 against the US dollar.