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The Indian markets witnessed a strong opening on Tuesday, driven by Bajaj Auto’s approval of a share buyback. Additionally, the information technology sector rebounded following a dip in the previous session.
In early trade, the Sensex surged by 493.4 points, reaching 71,848.62, while the Nifty climbed 160.65 points to 21,673.65. The positive momentum was notably fueled by Bajaj Auto’s strategic move and renewed interest in information technology stocks.
All the Sensex firms were trading in the green during the early trade.Wipro, Tech Mahindra, Larsen & Toubro, Infosys, Tata Consultancy Services, Tata Motors, Titan and ICICI Bank were the major gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading higher.
The US markets ended with significant gains on Monday.
The BSE benchmark tanked 670.93 points or 0.93 per cent to settle at 71,355.22 on Monday. The Nifty declined 197.80 points or 0.91 per cent to 21,513.
In early trade, the Sensex surged by 493.4 points, reaching 71,848.62, while the Nifty climbed 160.65 points to 21,673.65. The positive momentum was notably fueled by Bajaj Auto’s strategic move and renewed interest in information technology stocks.
All the Sensex firms were trading in the green during the early trade.Wipro, Tech Mahindra, Larsen & Toubro, Infosys, Tata Consultancy Services, Tata Motors, Titan and ICICI Bank were the major gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading higher.
The US markets ended with significant gains on Monday.
The BSE benchmark tanked 670.93 points or 0.93 per cent to settle at 71,355.22 on Monday. The Nifty declined 197.80 points or 0.91 per cent to 21,513.
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