Equity benchmark indices opened at record highs on Tuesday, tracking positive cues in the Asian markets, The Hindustan Times reports.
The broad-based NSE Nifty 50 opened well above the 11,500 mark, picking up after Monday’s record closing of 11,517.25. The BSE Sensex too opened at record high levels.
At 9.21 am, the BSE Sensex was trading 27.19 points or 0.07% higher at 38,305.94, whereas the broader NSE Nifty was up 16.85 points or 0.15% to 11,568.60.
In the Sensex pack, auto stocks like Hero MotoCorp, Bajaj Auto, Tata Motors, Mahindra and Mahindra, and Maruti Suzuki were leading the gains, up by as much as 1.28%. Other stocks leading the gains included Asian Paints, Adani Ports and ITC.
Losses, on the other hand, were led by Bharti Airtel, Vedanta, ICICI Bank, ONGC, SBI, and Tata Steel, losing up to 1.01% in early morning trade.
In the Asian markets, Hong Kong’s Hang Seng was up 0.48%, Japan’s Nikkei 225 was trading 0.25% higher, while the Shanghai Composite Index was up 1.43% in early trade.