India’s benchmark equity indices opened higher on Tuesday amid mixed global cues, with investors also keeping an eye on the derivatives expiry and the start of the June quarter earnings season.
Sensex opened at 77,005.51, up 277.14 points or 0.36 per cent. Nifty also began the session mildly positive opening at 24,032.05, an increase of 85.80 points or 0.35 per cent.
Among sectoral indices, Nifty Realty led the gains, rising 0.54 per cent. Nifty Private Bank and Nifty Auto jumped up to 0.45 per cent. Buying was also seen in chemicals, PSU banks, oil and gas, consumer durables and healthcare stocks.
On the other hand, Nifty IT declined 0.18 per cent, while Nifty Metal slipped 0.13 per cent. Nifty FMCG was marginally lower.
From the Nifty stocks, Eicher Motors, Tata Consumer Products, Hindalco Industries, HDFC Life Insurance, Dr Reddy’s Laboratories, Max Healthcare, SBI Life Insurance, Hindustan Unilever and Infosys were the top losers.
International oil benchmark Brent crude slipped 0.66 per cent to $73.42 per barrel, while US West Texas Intermediate (WTI) crude fell nearly 1 per cent to trade around the $70-a-barrel mark.
Asian markets traded on a mixed note. Japan’s Nikkei gained more than 1 per cent and South Korea’s KOSPI also advanced over 1 per cent. However, Hong Kong’s Hang Seng declined by more than 1 per cent.
US markets ended in positive territory, with the S&P 500 rising 1.18 per cent and the Nasdaq Composite climbing nearly 2 per cent.
-IANS
