• Source:JND

Together with a surge in Asian markets, optimism surrounding US-China trade negotiations, and foreign fund inflows, the equity benchmark indices Sensex and Nifty started Tuesday's trading on a positive note. Early trading saw the 30-share BSE Sensex rise 235.58 points to 82,680.79. At 25,199.30, the 50-share NSE Nifty increased 96.1 points.

The largest winners among the Sensex companies were IndusInd Bank, Tech Mahindra, Infosys, UltraTech Cement, HCL Tech, and NTPC. Among the laggards were Titan, Bajaj Finserv, Asian Paints, ICICI Bank, Eternal, and HDFC Bank.

The Kospi in South Korea, the Nikkei 225 index in Japan, the SSE Composite index in Shanghai, and the Hang Seng in Hong Kong were all trading in the positive range in Asian markets. Monday's closing of US markets was largely positive.

The 30-share BSE Sensex ended Monday at 82,445.21, up 256.22 points, or 0.31 per cent. To 25,103.20, the Nifty jumped 100.15 points, or 0.40 per cent.

Also Read: Stock Market: Sensex, Nifty Rise For 4th Day On Global Cues, Gains In Banking Shares After RBI Rate Cut

Rupee Rises 8 Paisa

Amid strong foreign capital inflows and a positive start to domestic equity markets, the rupee gained 8 paise to 85.58 against the US dollar in early trading on Tuesday. After opening at 85.62 against the US dollar at the interbank foreign exchange, the rupee increased by 8 paise to close at 85.58. On Monday, the local currency gained 2 paise against the US dollar, closing at 85.66.

(With Inputs From PTI)