Hopes of a monetary policy easing, coupled with broadly positive global cues, along with rupee appreciation lifted the Indian equity markets during the early morning trade session on Tuesday.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched-up by 23.25 points or 0.29% to 8,152 points.
The barometer 30-scrip sensitive index Sensex of the BSE, which opened at 26,403.62 points, traded at 26,409.90 points (at 09:30 am) -- up 60.80 points or 0.23% from the previous close at 26,349.10 points.
The Sensex has so far touched a high of 26,481.78 points and a low of 26,393.99 points during the intra-day trade.
At 10:03 hours, the Sensex was trading up 135.75 points or 0.52% at 26,484.85 on the BSE.
The BSE market breadth was skewed in favour of the bears -- with 1,099 advances and 365 declines.
On Monday, the Indian equity markets ended on a higher note, as investors` sentiments were buoyed on hopes of a monetary policy easing and positive global cues.
The barometer index gained by 118.44 points or 0.45% to 26,349.10 points, while the NSE Nifty edged higher by 41.95 points or 0.52% to 8,128.75 points.
At 10:03 hours, the Nifty was trading up 42.70 points or 0.53% at 8,171.45 on the NSE.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Sensex drops 0.5% in opening trade
Rupee strengthens by 16 paise against dollar in early trade
RBI to announce monetary policy decision on December 7
Sensex opens in green, flirts with 26000-mark
Six reasons why Sensex tanked below 26000-mark