Equity benchmarks opened half a percent higher on Tuesday with the Nifty rising above 7900 level supported by positive global cues, and capital goods, oil & gas, banks and metals stocks. The Sensex rose 124.85 points to 26515.81 and the Nifty climbed 35.95 points to 7910.20. After four days of holiday, the Indian rupee opened on flat note at 60.77 per dollar on Tuesday against last Thursday's closing value of 60.76 a dollar. Global markets, meanwhile, rallied on de-escalation of geopolitical risk. The S&P 500 is now within one percent of an all-time high. European markets too saw over 1 percent gain. Asian markets gained strength with the Nikkei, Kospi and Taiwan rising around a percent. On BSE, midcap and Small cap are trading up by 0.66% each. On sectoral front, Capital Goods is the top gaining counter to add 0.95% while on the flipside, Consumer durable leads the laggards with a decline of 0.29% as we write this.
Further the market breath stands positive with 1276 shares are seen advancing against 846 declining shares.
Further the market breath stands positive with 1276 shares are seen advancing against 846 declining shares.
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