Stock Market Updates: Sensex Rises Over 200 Points, Nifty Above 25,900; RIL, Axis Bank Gain

Sensex Today: Indian equity markets opened on a positive note, with benchmark indices trading higher in early deals. The BSE Sensex was at 84,259, up 193 points or 0.23 per cent, while the NSE Nifty50

stood at 25,934, gaining 67 points or 0.26 per cent.

On the Sensex, Eternal, Axis Bank, Trent, NTPC, Titan, Reliance Industries (RIL), Sun Pharma and Bharti Airtel were among the top gainers.

In the broader market space, the Nifty MidCap index advanced 0.21 per cent and the Nifty SmallCap index climbed 0.49 per cent.

Sectorally, the Nifty Pharma index rose around 0.5 per cent. However, the Nifty IT and Nifty PSU Bank indices slipped 0.2 per cent each.

Global Cues

US markets ended higher on Monday, extending last week’s robust rally. Gains in technology stocks lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average touched fresh intraday as well as closing highs. The S&P 500 advanced 0.47 per cent, the Nasdaq Composite jumped 0.9 per cent, and the Dow ended nearly flat but with a positive bias.

Asian markets also traded in the green on Tuesday. Japan’s Nikkei 225 extended its post-election surge to scale new highs, rising 1.95 per cent. South Korea’s KOSPI gained 0.50 per cent, while Australia’s S&P/ASX 200 was up 0.36 per cent at the last check.