Sensex Jumps 140 Points, Nifty Stays Strong Above 24,350 — BEL, Eternal, Tech Mahindra Shine
Apart from media, metals, FMCG, pharma, the other indices in the sector trade in green, with the price of oil and gas, as well as capital goods rising 0.5-1 percent. BSE sensex live Midcap and smallcap indices are trading higher. Reliance Industries, Tata Technologies, BSE Limited, Mazagon Dock and PNB Housing Finance are among the most active shares listed on the NSE.
Sensex Jumps 140 Points, Nifty Stays Strong Above 24,350 — BEL, Eternal, Tech Mahindra Shine
The stock market opened higher on the 29th of April, Tuesday in the wake of bulls continuing their bullish streak from the previous session.
Despite subdued share market updates the Nifty 50 index reached 24,373.30 and experienced a 44.80 percent increase equivalent to 0.18 percent and the BSE Sensex rose 200 points to 80,459.23.
On the 28th of April, on Monday, crude oil price saw a dramatic rising. It was an amazing day for Indian stocks. BSE Sensex surged 1,005.84 points or 1.27 percent to close at 80,218.37 The Nifty 50 surged 289.15 point or 1.20 percent to close at 24,328.50.
There were also gains were made by M&M, Sun Pharma, Tata Steel, Axis Bank and Tata Motors each of which grew by 2%..
US Market: Cautious Trade Ahead of Big Tech Earnings
In the overnight hours in US trading was a bit choppy. The S&P 500 had a slight gain of 0.06 percent, reaching 5,528.75. Its Nasdaq Composite index fell in value by 0.1 percent to reach 17,366.13 and The Dow Jones Industrial Average rose to 40,227.53. Its Dow Jones Industrial Average gained 114.09 points, which is an increase of 0.28 percent gain to end at 40,227.59.
Asian Markets: Mixed Start Amid Global Uncertainty
In Asia markets, the mood was largely positive early on Tuesday as investors analyzed developments related to US tariffs and waited for the commodity market from Wall Street.
China's mainland CSI 300 slipped 0.34% in the open market, while the Hong Kong Hang Seng Index rose 0.56 percent.
