The Sensex gained 60.05 points to reach 73,117.45 points, while the Nifty increased by 21.65 points to stand at 22,218.60 points. Among the Sensex stocks, 17 showed gains, with 29 Nifty constituents also trading positively.
JSW Steel surged over 2%, while Mahindra & Mahindra, Tata Steel, and Bharti Airtel all rose by more than 1% at the start of trading.
Asian markets displayed mixed trends, with Hong Kong’s Hang Seng and China’s SSE Composite Index rising, while Japan’s Nikkei 225 remained stable.
In the US, stocks closed lower on Tuesday, awaiting Nvidia’s earnings and updates from Federal Reserve officials on interest rates post last week’s inflation data. European markets closed on a mixed note on Tuesday.
The Sensex and Nifty continued their positive streak, with the Sensex climbing 349.24 points to close at 73,057.40 points and the Nifty up by 74.70 points to reach 22,196.95 points.
Despite concerns over rising bond yields in the US, India is not significantly impacted due to strong domestic buying from DIIs and retail investors. FIIs were net sellers on Tuesday, offloading securities worth ₹1,335.51 crore.
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