Mumbai: The benchmark BSE Sensex climbed 300.98 points to 80,549.06 in early trade on Tuesday. The Nifty went up 101.85 points to 24,377.90. The benchmark indices gained in early trade as buying was reported in in blue-chip stocks, including State Bank of India (SBI) and HDFC Bank and firm trends in world markets.
30-share Sensex pack gainers: JSW Steel, Bajaj Finance, HDFC Bank, JSW Steel, Adani Ports, State Bank of India, and IndusInd Bank. Laggards included, Sun Pharma, Power Grid, ITC, and Bharti Airtel.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 238.28 crore on December 2, while Domestic Institutional Investors (DIIs) purchased shares worth Rs 3,588.66 crore.
“The underlying resilience of the market is evident in its ability to bounce back. The strength in market heavyweights like Reliance and HDFC Bank can impart resilience to the market,” V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
Meanwhile, US stock markets closed mostly in the positive territory on December 2. Tokyo, Seoul, Shanghai and Hong Kong traded in Green. Global oil benchmark Brent crude gained 0.13 per cent to USD 71.92 a barrel.
After opening on weak note on December 2, the BSE benchmark Sensex jumped 445.29 points to finish at 80,248.08. The Nifty appreciated 144.95 points to close at 24,276.05.
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Stock Market today: The benchmark BSE Sensex and NSE Nifty traded in Green as reliance Industries, HDFC bank, SBI shares gained. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
