Indian stocks open Tuesday at fresh highs, bull run continues
Sensex and Nifty were 0.2 per cent higher each this morning. Notably, Sensex crossed the 65,000 mark for the first time this week.
Sensex and Nifty were 0.2 per cent higher each this morning. Notably, Sensex crossed the 65,000 mark for the first time this week.
At 9.21 am, Sensex and Nifty edged in a range of 0.1-0.2 per cent. Barring Nifty FMCG, all other sectoral indices were trading in the green.
Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
, BSE Sensex was trading 32 points up at 62,443.67 while NSE Nifty was flat with 1.15 points up at 18,561.65 levels.
Among the stocks, Coal India, ONGC, Bajaj Auto, Reliance Industries, and NTPC were the top five gainers among the Nifty 50 basket.
the key market indices lost ground on Tuesday after rising for seven straight days.
At 9.46 am, Rupee appreciated marginally from the previous day's close to trade at 82.288 per US dollar.
JK Tyres, IndusInd Bank, Kotak Bank and M&M Financial Services whereas Lupin, Heritage Foods, Emami and Ipca Lab were among the laggards on the 30-share index.
At 9.21 am, Sensex traded at 59,705.32, down just 14.42 points or 0.024 per cent, whereas Nifty traded at 17,812.85 points, down 3.40 points or 0.019 per cent.
Investors seemed to have already discounted the possible rate hikes by major central banks, including the US Federal Reserve. Positive cues from the overnight US markets too lent support.
