Photo: PTI
Chennai, India (BBN)– The NSE index Nifty reclaims the psychological 9,200-mark and the BSE benchmark Sensex soared about 267 points in early trade on Tuesday, triggered by across-the-board buying amid mixed global cues.
Investors appeared optimistic ahead of quarterly earnings of some key companies, including IT major TCS which is scheduled to release its results later in the day, reports the BusinessLine
At 10.05 a.m., the 30-share BSE index Sensex was up 263.82 points or 0.9 per cent at 29,677.48 and the 50-share NSE index Nifty was up 72 points or 0.79 per cent at 9,211.30.
Among BSE sectoral indices, metal index was the star-performer and was up 1.99 per cent, followed by PSU and banking 1.31 per cent and infrastructure 1.29 per cent.
Top five Sensex gainers were Adani Ports (+3.41%), ICICI Bank (+2.54%), Tata Steel (+2.05%), State Bank of India (+1.73%) and ITC (+1.42%), while the major losers were Coal India (-0.79%), M&M (-0.38%), Sun Pharma (-0.31%), TCS (-0.2%) and Bajaj Auto (-0.19%).
The gauge had lost 374.69 points in the previous three sessions largely on weak global cues due to rising geopolitical concerns.
Brokers said value-buying in select blue-chips coupled with a mixed trend in other regional markets following positive lead from Wall Street influenced the trading sentiment here.
US stocks bounced back on Monday after the S&P 500 closed the previous session at a two-month low, in a broad rally led by recently beaten-down bank and technology shares.
At the closing bell on Monday, the Dow Jones Industrial Average rose 183.67 points, or 0.9 per cent, to 20,636.92, the S&P 500 gained 20.06 points, or 0.86 per cent, to 2,349.01 and the Nasdaq Composite added 51.64 points, or 0.89 per cent, to 5,856.79.
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