Mumbai: Equity benchmark indices rose in early trade on Tuesday after two days of decline, reflecting a bullish trend globally. market Besides, purchases were also made in Reliance Industries and HDFC Bank.
In early trade, the 30-share BSE Sensex rose 268.31 points to 65,923.46. Nifty rose 85.1 points to 19,779.10.
Sensex companies include JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank and Infosys were the biggest beneficiaries.
Larsen and Toubro, MarutiNestle and Hindustan Unilever lagged behind.
In Asian marketSeoul, Tokyo, Shanghai and Hong Kong were trading with gains.
US markets closed in positive territory on Monday.
“Global cues are supportive. Softening in US bond yields (10-year yield is at 4.41 per cent) will provide a larger global macro backdrop for the market rally,” said VK Vijayakumar, chief investment strategist at Geojit Financial Services.
Global oil benchmark Brent crude fell 0.44 percent to $81.96 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 645.72 crore on Monday.
On Monday, the BSE benchmark closed at 65,655.15, down 139.58 points or 0.21 per cent. Nifty slipped 37.80 points or 0.19 percent to 19,694.
In early trade, the 30-share BSE Sensex rose 268.31 points to 65,923.46. Nifty rose 85.1 points to 19,779.10.
Sensex companies include JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank and Infosys were the biggest beneficiaries.
Larsen and Toubro, MarutiNestle and Hindustan Unilever lagged behind.
In Asian marketSeoul, Tokyo, Shanghai and Hong Kong were trading with gains.
US markets closed in positive territory on Monday.
“Global cues are supportive. Softening in US bond yields (10-year yield is at 4.41 per cent) will provide a larger global macro backdrop for the market rally,” said VK Vijayakumar, chief investment strategist at Geojit Financial Services.
Global oil benchmark Brent crude fell 0.44 percent to $81.96 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 645.72 crore on Monday.
On Monday, the BSE benchmark closed at 65,655.15, down 139.58 points or 0.21 per cent. Nifty slipped 37.80 points or 0.19 percent to 19,694.
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