sensex opening bell
– Photo: amarujala.com
Expansion
The trend of growth in the stock market continued on Tuesday also. Trading in benchmark indices Sensex and Nifty started on the green mark. Sensex rose 327.39 points to 82,300.44 in early trade; On the other hand, Nifty was seen trading at 25,212.05 with a gain of 84.1 points. Earlier, Sensex opened at 82,101.86 and Nifty at 25,186.30.
All sectors except auto-metal on green mark
On the National Stock Exchange, except auto and metal, all sectoral stocks were seen trading in the green. Bharat Petroleum Corporation, Bajaj Finserv, Bharti Airtel, Infosys and ICICI Bank were the top gainers in the early hours of trading. On the other hand, shares of ONGC, Tata Steel, Hindalco, M&M and JSW showed losses. Earlier on Monday, the domestic market was seen trading with a positive trend and Sensex-Nifty closed at the highest level of the day.
Hyundai's IPO opens for anchor investors
On Tuesday, the IPO of car manufacturing company Hyundai India is opening for anchor investors. The issue price for the IPO has been fixed at Rs 1865 to Rs 1960. Apart from this, investors will also react to the quarterly results of major companies like Reliance Industries. The company's net profit increased by 9.4 percent in the second quarter compared to the first quarter.
Mixed trend seen in global market
Meanwhile, mixed trading was seen in the Asian market on Tuesday. The Shanghai Composite was down more than 27 points at the time of writing. However, Japan's Nikkei 225 gained more than 1.5 percent. On the other hand, the US market closed at a record high with a gain of 1 percent thanks to the strength in IT stocks. Nvidia shares rose by more than 2 percent, which benefited the US markets. Other major IT companies like Apple, Microsoft and Amazon also rose by about 2 percent.
