The domestic stock market also showed enthusiasm on Tuesday. In the trading session, the Indian equity indices started with a slight lead, but then reached the red mark. The BSE Sensex opened 141.11 points to 82,200. NSE Nifty 50 opened 44 points to open at 24,988.95. Bank Nifty opened 98 points to 55,518. However, midcap stocks performed comparatively better in early trade. Nifty midcap 100 gained 310 points to open at 57,415.75. But a few minutes after the market opened. At 9.30 am, the Sensex was trading at a level of 82,017.55, declining 41.87 points. The NSE Nifty was also at a level of 24,925.40, 20.05 points.
Nifty IT and Metal Index ahead
The Nifty IT and metal index were the highest performance among the sectoral index which were benefited. Each of these index recorded a rise of 1 percent. In the falling part, the Nifty auto declined by 0.6 percent. Nifty Healthcare and Private Bank also declined by 0.5 percent. The Nifty Bank also recorded a decline of 0.4 percent.
Top gainer and top loser
Tata Steel, Infosys, Tech Mahindra, ITC, Tata Consultancy Services, Axis Bank, IndusInd Bank and Asian Paints were the highest among the Sensex companies. Power Grid, HDFC Bank, Bajaj Finance, Reliance Industries, Titan and Nestle Back were included.
The condition of Asian stock markets
The Asian stock markets rose for the first time on Tuesday in four days. This reflects the lead in the US, which brought the S&P 500 index to the bright market. Australia, Japan and South Korea recorded an increase of 0.4% in the regional stock gauge with an edge in Australia, Japan and South Korea after the S&P 500 index climbed for the sixth consecutive day. Treasury in Asia remained stable in Asia after downgrading of US debt on Monday. Along with the US equity-index futures, the dollars also recorded a lead.
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