The home markets on Tuesday opened with positive aspects and continued with Monday rally, monitoring robust international cues. Company earnings over the past week additionally strengthened traders’ sentiments.
Key home market indices BSE Sensex surged 169 factors to 61,111.48 at 9.20 am whereas Nifty went up 56 factors to 18,167.45 at 9.20 within the morning.
The shares that had been gaining probably the most within the morning included JM Monetary, J and L Financial institution, Credit score ACC, VST Industries and 360 One Wam. Gland, Sapphire, Nationwide Commonplace and Rajratan had been among the many laggards on BSE throughout the morning session.
Maruti Suzuki, CarTrade, SBI Card and UCO Financial institution are a number of the shares which could declare their earnings as we speak.
Many of the key indices in international markets had been buying and selling within the inexperienced when the home markets opened within the morning. In Asian markets, Japan’s Nikkei was up 428 factors, Hong Kong’s Cling Seng and China’s Shanghai had been closed for Chinese language Lunar New 12 months.
In European markets, FTSE rose 14 factors, CAC was buying and selling within the inexperienced, Deutsche surged 69 factors whereas Refinitiv Europe was additionally buying and selling within the inexperienced.
Within the US markets, Dow Jones surged 254 factors, Nasdaq was up 223 factors, S&P rose 47 factors whereas Refinitiv United States was up 4 factors.
On Monday, BSE Sensex had superior 319.90 factors to 60,941.67. The Nifty 50 index added 90.90 factors to 18,118.55.
Reliance Industries on Monday dipped 0.54 per cent. On a consolidated foundation, internet revenue of RIL declined 2.8 per cent to Rs 15,792 crore on 17.4 per cent improve in internet gross sales to Rs 2,17,164 crore within the third quarter over Q3 December 2021. RIL reported an distinctive revenue of Rs 2,836 crore within the third quarter.
Kotak Mahindra Financial institution shares surged 1.13 per cent. The financial institution has reported internet whole revenue of Rs 7,753 crore in October-December from Rs 5,698 crore within the year-ago interval. Revenue after tax rose to Rs 2,792 crore from Rs 2,131 crore.
UltraTech Cement shares tumbled 4.62 per cent on Monday. The cement maker has reported consolidated revenue after tax of Rs 1,058 crore within the December quarter from Rs 1,173 crore in Q3 FY22.
(Apart from the headline, this story has not been edited by String Reveals workers and is revealed from a syndicated feed.)
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