Opening Bell: Nifty 50 Gains 24 Points, Sensex Rises 123 Points as IT and Banking Stocks Support Markets
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As of 9:19 AM, the Nifty 50 was trading 24.10 points or 0.10 per cent higher at 24,454.45, while the BSE Sensex gained 123.84 points or 0.16 per cent to 78,408.91.
✨ Key Takeaways
Indian benchmark indices traded higher in early deals on Tuesday, supported by gains in IT, Banking and financial stocks despite mixed global market cues.
As of 9:19 AM, the Nifty 50 was trading 24.10 points or 0.10 per cent higher at 24,454.45, while the BSE Sensex gained 123.84 points or 0.16 per cent to 78,408.91.
In the broader market, the Nifty MidCap index was down 0.08 per cent, while the Nifty SmallCap index declined 0.09 per cent during early trade, indicating a cautious trend among mid and Small-Cap stocks.
Among sectoral indices, the Nifty IT index emerged as the top performer, rising over 1 per cent, supported by buying interest in technology stocks. The Nifty Healthcare and Nifty Auto indices also traded higher and outperformed the broader market.
On the other hand, the Nifty Metal index witnessed the sharpest decline among sectoral indices, weighing on overall market sentiment.
Disclaimer: The article is for informational purposes only and not investment advice.