Last Updated: November 21, 2023, 09:45 IST
The key frontline indices began commerce on an optimistic word on Tuesday backed by constructive international cues.
The S&P BSE Sensex opened at 65,860, and was quoting with a achieve of 230 factors at 68,886. The Nifty50 was seen buying and selling above 19,750 degree.
Among the Sensex 30 shares, JSW Steel and Tata Steel gained 1 per cent. HDFC Bank, Infosys, Relinace Industries and Tata Motors have been the opposite notable gainers. On the flip facet, Bajaj Finserv traded marginally in purple.
In the broader indices, the BSE MidCap and SmallCap have been up 0.4 per cent every.
In the broader market Jio Financial Services added 1 per cent after the corporate mentioned it plans to lift Rs 5,000 – Rs 10,000 crore by way of its maiden bond sale.
Global Cues
Overnight, a notable dip in US Treasury yields coupled with a robust rally in Microsoft shares, after the latter employed ousted OpenAI CEO Sam Altman, helped the US indices log robust positive factors. Dow Jones gained 204 factors and was lower than 1 per cent from its report closing. Nasdaq soared over 1 per cent and the S&P 500 ended 0.7 per cent increased.
Later tonight, Nvidia’s earnings and the US FOMC minutes shall information the buying and selling motion within the US.
Nearer residence in Asia, Hong Kong’s Hang Seng and Taiwan have been up over 1 per cent every. Kospi too superior 0.9 per cent. China’s Shanghai indices gained round 0.5 per cent. Japan’s Nikkei, nonetheless, was down 0.2 per cent.