• Source:JND
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Stock Market:  The Sensex and Nifty stock market benchmark indices maintained their gains in early trade on Tuesday amid positive trends in US markets and fresh inflows of foreign funds. The BSE benchmark Sensex advanced 372.51 points to 80,482.36 for the third consecutive session. The NSE Nifty gained 121.4 points to 24,343.30.

Among the 30-share Sensex pack, Tata Steel, Infosys,  ICICI Bank, Tech Mahindra, Asian Paints and JSW Steel were the major gainers. On the other hand, UltraTech Cement,  Adani Ports,  Sun Pharma, Larsen & Toubro, Hindustan Unilever and Bajaj Finserv were the laggards.

Foreign institutional investors (FIIs) bought shares worth Rs 9,947.55 crore on Monday after selling for several days. According to exchange data, they purchased stocks worth Rs 9,947.55 crore. Shanghai and Hong Kong were up, while Seoul and Tokyo were down in Asian markets.

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The global oil benchmark Brent crude rose 0.34 per cent to $73.26 per barrel.

The benchmark equity indices surged on Monday after the BJP's stellar performance in the Maharashtra assembly elections, which helped the party-led ruling Mahayuti alliance to a landslide victory by winning a record number of seats. The BSE benchmark gained 992.74 points or 1.25 per cent to close at 80,109.85 on Monday. The Nifty rose 314.65 points or 1.32 per cent to 24,221.90.

The rupee gained 7 paise to 84.22 against the US dollar in early trade on Tuesday. The local currency opened at 84.27 at the interbank foreign exchange market and moved in a narrow range.

The rupee touched an early high of 84.22 against the dollar, showing a gain of 7 paise over its previous close. On Monday, the rupee had closed at 84.29 against the US dollar, up by 12 paise.

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(With Agencies Inputs)