Mumbai: Equity benchmark indices rose in early trade on Tuesday amid buying in blue-chip shares and foreign fund inflows.
In early trade, the 30-share BSE Sensex rose 205.99 points to 80,166.37. NSE Nifty rose 53 points to 24,373.55.
Maruti Suzuki India, Mahindra & Mahindra, Titan, Adani Ports, Tata Motors, Larsen & Toubro, HDFC Bank and State Bank of India were the top gainers in the Sensex pack.
Hindustan Unilever, Tech Mahindra, Axis Bank and Infosys were among the laggards.
In Asian markets, Seoul and Tokyo were trading higher while Shanghai and Hong Kong were seen falling.
On Monday, US markets closed mostly on the rise.
“The market is showing strength and shows no signs of a sharp decline despite high valuations.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “A healthy trend in the market is that fundamentally strong largecaps are seeing buying. The increasing accumulation and delivery-based buying in largecaps like RIL and ITC is a healthy trend. is a reflection of." ,
According to exchange data, foreign institutional investors (FIIs) bought equities worth Rs 60.98 crore on Monday.
Global oil benchmark Brent crude fell 0.28 percent to US$85.51 per barrel.
On Monday, the BSE benchmark closed at 79,960.38, down 36.22 points or 0.05 per cent. NSE Nifty fell 3.30 points or 0.01 per cent to 24,320.55.
In early trade, the 30-share BSE Sensex rose 205.99 points to 80,166.37. NSE Nifty rose 53 points to 24,373.55.
Maruti Suzuki India, Mahindra & Mahindra, Titan, Adani Ports, Tata Motors, Larsen & Toubro, HDFC Bank and State Bank of India were the top gainers in the Sensex pack.
Hindustan Unilever, Tech Mahindra, Axis Bank and Infosys were among the laggards.
In Asian markets, Seoul and Tokyo were trading higher while Shanghai and Hong Kong were seen falling.
On Monday, US markets closed mostly on the rise.
“The market is showing strength and shows no signs of a sharp decline despite high valuations.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “A healthy trend in the market is that fundamentally strong largecaps are seeing buying. The increasing accumulation and delivery-based buying in largecaps like RIL and ITC is a healthy trend. is a reflection of." ,
According to exchange data, foreign institutional investors (FIIs) bought equities worth Rs 60.98 crore on Monday.
Global oil benchmark Brent crude fell 0.28 percent to US$85.51 per barrel.
On Monday, the BSE benchmark closed at 79,960.38, down 36.22 points or 0.05 per cent. NSE Nifty fell 3.30 points or 0.01 per cent to 24,320.55.
