Sensex, Nifty gain ahead of key Brexit Summit; Indiabulls Real Estate, DHFL, Yes Bank stocks gain

The stock market of India gained ahead of the crucial Brexit Summit and rising doubt over the US-China trade dea. The BSE Sensex soared 120 points to 38,335 levels in the Opening Bell session while the 50-stock Nifty index went up 24 points to 11,365 levels in the morning trade session. The Bank Nifty index shot up 148 points to 28,330 levels in the early morning session.

Speaking on the current market scenario Sumeet Bagadia, Vice President at Choice Broking said, "Yesterday Nifty had closed above 11,300 levels and today it has opened above the 11,300 levels. If it sustains above this level and closes above 11,300 again then the stock market investor can expect the Nifty index heading for 11,500 targets."

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Bandhan Bank, Adani Transmission, Dewan Housing Finance Limited or DHFL, Fortis Healthcare, Indiabulls Real Estate, Yes Bank and Adani Gas stocks were the major gaining shares in the Opening Bell trade session today while Reliance Capital, SREI Infrastructure, Reliance Infrastructure, Reliance Infrastructure, Infosys and Lakshmi Vilas Bank stocks were the major losing shares in the early morning trade session.

Oil, gas and energy stocks were the major gaining stocks today. Adani Gas share price gained 1.96 per cent, shares of Gulf Oil Lubricants India went up 4.47 per cent, Hindustan Oil Exploration Company counter added 4.49 per cent. Among PSU majors Indian Oil Corporation Ltd or IOCL share price shot up 1.31 per cent, Bharat Petroleum Corporation Ltd or BPCL counter added around 0.9 per cent.

Among major Asian markets, the Japanese Nikkei index shot up 1.76 per cent, South Korean Kospi added 0.08 per cent, Hang Seng edged 0.01 per cent down while Shanghai index crashed 0.53 per cent in the Opening Bell trade session on Tuesday.