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Market Today, Sensex, Nifty: The benchmark equity indices on the BSE and National Stock Exchange (NSE) opened around 0.5 per cent higher on Tuesday
At 9:15 am, the S&P BSE Sensex was up 319.47 points (0.54 per cent) at 59,782.25 while the Nifty 50 was at 17,780.20, up 82.05 points (0.46 per cent).
On the Sensex pack, gains in the early trade were led by Mahindra & Mahindra (M&M), Asian Paints, ICICI Bank, Nestle India, Axis Bank, HCL Technologies. In contrast, Titan Company, Sun Pharmaceutical Industries and Tata Steel were the early laggards.
Global Markets (from AP)
Asian shares mostly rose Tuesday after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China.
The benchmark in Tokyo was little changed, erasing earlier gains, but indexes in South Korea, Australia and China gained in morning trading. Falling oil prices are one positive factor for the region.
Japan’s benchmark Nikkei 225 was little changed at 28,870.04 in morning trading. South Korea’s Kospi rose 0.5 per cent to 2,540.41. Australia’s S&P/ASX 200 added 0.6 per cent to 7,107.50. Hong Kong’s Hang Seng added 0.4 per cent to 20,118.35, while the Shanghai Composite gained 0.4 per cent to 3,287.50.
Stocks on Wall Street bounced back and closed higher, extending the market’s recent winning ways as investors look ahead to several updates from retailers this week. The S&P 500 rose 16.99 points, or 0.4 per cent, to 4,297.14. The Dow added 151.39 points, or 0.5 per cent, to 33,912.44. The Nasdaq gained 80.87 points, or 0.6 per cent, to 13,128.05.
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