ಌEquity benchmark Sensex surged over 300 points in early trade on Tuesday tracking gains in index heavyweights Reliance Industries, HDFC Bank and Tech Mahindra amid strong quarterly earnings and a positive trend in global markets.
🙈The 30-share index was trading 318.7 points or 0.52 per cent higher at 61,285.75 in initial deals. Similarly, the Nifty surged 93.75 points or 0.52 per cent to 18,219.15.
💃Tech Mahindra was the top gainer in the Sensex pack, rallying over 6 per cent, after the software exporter reported a 26 per cent increase in its September quarter net at Rs 1,338.7 crore.
ไBharti Airtel, Bajaj Finance, Tata Steel, L&T, ITC and SBI were also trading with gains.
ﷺOn the other hand, ICICI Bank, Axis Bank, PowerGrid, HUL and Dr Reddy’s were among the laggards.
🍒In the previous session, the 30-share index ended 145.43 points or 0.24 per cent higher at 60,967.05, and Nifty advanced 10.50 points or 0.06 per cent to 18,125.40.
💖Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 2,459.10 crore on Monday, as per exchange data.
🧸Elsewhere in Asia, bourses in Shanghai, Tokyo and Seoul were trading with gains in mid-session deals, while Hong Kong was in the red.
ꦫStock exchanges in the US ended on a positive note in the overnight session.
𓆏Meanwhile, international oil benchmark Brent crude rose 0.15 per cent to $85.30 per barrel.
(With PTI Inputs)
