Sensex rises by more than 100 points in Original World Trade Routes

Sensex rises by more than 100 points in Original World Trade Routes

Sensex rises by more than 100 points in Original World Trade Routes

Mumbai : Equity benchmark Sensex rose over 100 points in early trade on Tuesday, tracking gains in index majors Infosys, Tata Steel and Reliance Industries amid a positive trend in global equities.

The 30-share index was trading 148.72 points or 0.27 per cent higher at 55,704.51, while the broader NSE Nifty advanced 49.15 points or 0.30 per cent to 16,545.60.

Tata Steel was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, NTPC, L&T, PowerGrid, IndusInd Bank and UltraTech Cement.

On the other hand, Maruti, Asian Paints, Kotak Bank and HDFC were among the laggards.

In the previous session, Sensex ended 226.47 points or 0.41 per cent higher at 55,555.79, and Nifty rose 45.95 points or 0.28 per cent to 16,496.45.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,363.36 crore on Monday, as per provisional exchange data.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul were trading with strong gains in mid-session deals.

Meanwhile, international oil benchmark Brent crude rose 0.23 per cent to USD 68.53 per barrel. PTI