The BSE Sensex opened over 211 points up at 26, 992 on Tuesday following positive global cues. (Express Photo)
9.22 am: Sensex up 95.54 points at 26,881.09. Nifty up 30.85 points at 8,150.15. S&P BSE Healthcare was up 0.95 per cent and BSE Realty was up 0.56 per cent. Tata Motors was trading 2.24 per cent up at Rs 322.25
The BSE Sensex opened on a positive note on Tuesday following positive global cues. NSE Nifty opened above 8,150. At 9.15 am, Sensex was up 174.54 points at 26,960.09. Similarly, Nifty was up 43.65 points at 8,162.95 during the same time.
Asian stocks on Tuesday got a boost from the prospect of a delay in the US Federal Reserve’s plan to raise interest rates and signs of some stability in oil and commodity markets.
US stocks jumped on Monday, with the S&P 500 rising for the fifth day in a row, as rising oil prices boosted energy stocks and investors bet the Federal Reserve would not raise interest rates this year. Japan’s Nikkei share average rose to a 2-1/2-week high on Tuesday as expectations that the U.S. Federal Reserve will wait longer to raise interest buoyed investors’ risk appetites.
Britain’s top share index rose nearly 3 per cent on Monday, with a surge in Glencore after a volatile week leading mining companies higher.
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