• Source:JND
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Benchmark indices recovered on Tuesday morning, after a sharp fall in the previous session, on the back of purchasing in IT stocks and a recovery in Japanese markets. In early trade, the BSE Sensex climbed 348.1 points to 84,647.88. The NSE Nifty gained 96.75 points to 25,907.60.

Among the 30 Sensex companies,  Larsen & Toubro, Tech Mahindra, Bajaj Finserv,  State Bank of India, Infosys and Power Grid were the top gainers. JSW Steel, Asian Paints, Tata Steel, and Titan were among the losers.

Tokyo rose in Asian markets. South Korea, Hong Kong, and mainland China's markets are closed on Tuesday for a public holiday. Mainland China will be closed for the rest of the week due to the holiday. The US markets ended in positive territory on Monday.

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According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 9,791.93 crore on Monday, while Domestic Institutional Investors (DIIs) purchased equities worth Rs 6,645.80 crore.

The BSE benchmark fell 1,272.07 points or 1.49 per cent to close at 84,299.78 on Monday. During the day, it fell 1,314.71 points or 1.53 per cent to 84,257.14. The Nifty fell 368.10 points or 1.41 per cent to 25,810.85.

The Indian rupee lost 2 paise against the US dollar to 83.81 on Tuesday, tracking a sell-off in domestic equities and foreign fund outflows.

In the interbank foreign exchange market, the local currency opened at 83.81 against the greenback and fell to 83.83, before settling at 83.81, down 2 paise from its previous close. The rupee had lost 10 paise to close at 83.79 against the US dollar on Monday.

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