Indian headline opened Tuesday’s trade at fresh highs, notwithstanding a lackluster handover by the US markets on Monday, amid buying action in IT and auto counters.
The S&P BSE Sensex topped the 75,000 mark for the first time to hit a new peak of 75,124 while the broader Nifty50 scaled a fresh high of 22,765. Later both indices traded 0.20% higher.
Nifty’s breadth remained skewed in favour of the bulls with 35 stocks trading in the green around 9:20 am with 15 in the red. Top gainers were Hero MotoCorp, Infosys, Tata Motors, Bajaj Finance and Power Grid while the top losers were Divi’s Laboratories, ONGC, Eicher Motors, Tata Consumer Products and Reliance Industries.
More to come…
