- By Aditya Pratap Singh
- Tue, 18 Mar 2025 10:50 AM (IST)
- Source:JND
Stock Market Today: Domestic equity benchmark indices -Sensex and Nifty- soared sharply in early trade on Tuesday, fueled by the bullish trend in global peers and heavy buying interest in banking stocks. At around 10:40 am, Sensex, the 30-share BSE benchmark, surged 866.45 points or 1.17% to 75,036.40 in early trade. While, Nifty50, the index the the of 50 shares on the NSE, rallied 254.80 or 1.13 per cent points to trade at 22,763.55.
Top Gainers: From the Sensex pack, Mahindra & Mahindra, Zomato, ICICI Bank, Tata Motors, Hindustan Unilever, Larsen & Toubro, Power Grid and Adani Ports were trading in green.
Top Losers: Bajaj Finserv and Bajaj Finance were the biggest losers among Sensex stocks.
International Markets: Seoul, Shanghai, Tokyo, and Hong Kong were trading in the positive territory among Asian markets. US markets settled in green on Monday.
Global oil benchmark Brent crude rose 0.25 per cent to $71.25 per barrel.
Also Read: Stock Market Rallies Sharply In Early Trade: Sensex Soars 800 Points, Nifty Trades Over 22,750
Foreign fund outflows: Foreign institutional investors (FIIs) sold shares worth Rs 4,488.45 crore on Monday, while domestic institutional investors (DIIs) bought shares worth Rs 6,000.60 crore, exchange data showed.
The Sensex on Monday closed 341.04 points or 0.46 per cent higher at 74,169.95, snapping a five-day losing streak. The Nifty rose 111.55 points or 0.50 per cent to 22,508.75.
Rupee Surges 10 Paisa
The rupee rose 10 paise to 86.71 against the US dollar in early trade on Tuesday. It outperformed Asian currencies and was also helped by a positive trend in domestic stock markets. The rupee opened at 86.71, up 10 paise from its previous close at the interbank foreign exchange market. On Monday, the rupee rose 24 paise to 86.81 against the US dollar.
