Stock Market Updates: Sensex climbs over 300 points, Nifty around 15,930; key points

Indian stock market opened with a positive trend on Tuesday morning. Investors will track key macro data – India’s PMI services activity in June – on Tuesday after reaching the highest level in 11 years in the month of May.

The BSE Sensex rose nearly 300 points to 53,521, while the NSE nifty It rose 80 points to 15,920.

Bajaj Finserv, Reliance, Tata Steel, ICICI Bank, SBI, Tech M, PowerGrid, M&M and HDFC were the top gainers in the Sensex-30 stocks. Meanwhile, Asian Paints and ITC were the only losers.

Among the broader markets, BSE Midcap and Smallcap indices were in positive territory, rising up to 0.7 per cent.

global signal

Tokyo shares opened higher on Tuesday for investors to search for clues, while US markets were closed for a national holiday. The benchmark Nikkei 225 index rose 0.74 per cent, or 193.31 points, to 26,347.12 in early trade, while the broader Topix index gained 0.55 per cent, or 10.36 points, to 1,880.07.

Asian stocks rose on Tuesday morning as positive economic data and signs of easing Sino-US tensions provided some respite to the recent sell-off, though persistent fears about a global slowdown and skyrocketing inflation kept most buyers in the Gulf. kept in MSCI’s gauge of Asia Pacific shares outside Japan was up 0.3 per cent, erasing part of the morning’s gains.

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