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Share market update: Good news for traders as Sensex, Nifty open in green ahead of Diwali
The key domestic indices 30-scrip S&P BSE Sensex and Nifty50 of the National Stock Exchange opened in green tracking similar global cues in early trade hours on Tuesday.
Share market update: The key domestic indices 30-scrip S&P BSE Sensex and Nifty50 of the National Stock Exchange opened in green tracking similar global cues in early trade hours on Tuesday. According to reports, healthy buying was witnessed in almost all sectors on BSE led by finance, banking and IT counters. Sensex of the BSE opened at 35,076.24 from its previous close at 34,950.92 on Tuesday. At 9:35 am, the Sensex traded at 35,195.43 up by 244.51 points or 0.70 per cent. Even the NSE opened at 10,552 after closing at 10,524. The Nifty traded at 10,596.40 during the morning trade session, up 72.40 points and 0.69 per cent.
Various market brokers said a mixed trend in other Asian markets, supported by overnight gains at the Wall Street ahead of the US mid-term elections, influenced sentiments here. Top gainers in Sensex club included Yes Bank, RIL, Tata Motors, Vedanta, TCS, Infosys, Sun Pharma, Maruti Suzuki, Kotak Bank, IndusInd Bank, HDFC Bank, Bajaj Auto, Hero MotoCorp, ONGC, ITC Ltd and Axis Bank which rose by up to 3.90 per cent.
Different BSE sectors such as IT, tech, consumer durables, realty and auto indices were trading in the positive zone with gains up to 1.45 per cent. Meanwhile, provisional data showed that foreign institutional investors (FIIs) bought shares worth Rs 12 crore, while domestic institutional investors (DIIs) sold shares to the tune of Rs 622 crore on Monday.
The domestic exchanges will conduct a special 'Muhurat trading' session on Wednesday between 1700 and 1830 hours on the occasion of Diwali, reported news agency PTI. However, elsewhere in Asia, Japan's Nikkei was up 1.02 per cent, South Korea's KOSPI Index rose 0.42 per cent in their morning sessions. Shanghai Composite index, however, fell 1.05 per cent, while Hong Kong's Hang Seng shed 0.22 per cent. The US Dow Jones Industrial Average rose 0.76 per cent Monday.
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Sagarneel SinhaSagarneel Sinha
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