The Indian stock market opened on a higher note on Tuesday, October 17 in early trading session. The Sensex was up 298.96 points or 0.45 percent at 66,465.89, and the Nifty was up 87.20 points or 0.44 percent at 19,819.
Grasim Industries, HDFC Bank, Tata Steel, Bajaj Finserv and Adani Enterprises were among major gainers on the Nifty, while losers were HUL, ONGC, L&T, Britannia Industries and TCS. About 1863 shares advanced, 330 shares declined, and 91 shares unchanged.
The benchmark indices ended on a negative note in the volatile session on October 16 with Sensex falling 115.81 points or 0.17 percent to end at 66,166.93, while Nifty was down 19.20 points or 0.10 percent to close at 19,731.80.
Divis Laboratories, Nestle India, TCS, IndusInd Bank and Asian Paints were among the top Nifty losers, while gainers included Hero MotoCorp, JSW Steel, Tata Steel, Coal India and LTIMindtree.
On the sectoral front, the metal index was up 1.3 percent, PSU bank index was up 0.7 percent and auto index was up 0.4 percent. On the other hand, realty and healthcare indices ended lower.
On the other hand, Indian Rupee opened marginally higher at 83.23 per dollar on Tuesday versus Monday's close of 83.28.
Top stocks to watch out today —
Tata Power
Renewable energy arm of Tata Group has reportedly signed PDA with endurance tech.
Grasim
The board of directors of the company has approved fund raising up to Rs 4,000 crore via rights issue.
Jio Financial Services
The company reported dividend income at Rs 216.8 crore and net income rose up to 50.6% quarter to quarter.
HDFC Bank
The bank reported its quarterly results above estimates with Gross NPA Ratio at 1.34% vs 1.41% QoQ.
Bajaj Finance
Bajaj Finance to acquire 26% in Pennant Tech for Rs 267.50 crore in an all-cash deal.