Crescent Kashmir

Sensex up over 600 points in opening deals, Nifty hovers near 8,500-mark on global cues

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The benchmark equity indices on the BSE and National Stock Exchange (NSE) opened over 2 per cent on Tuesday taking cues from their Asian peers which edged higher as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but shut down.

At 9:15 am, the S&P BSE Sensex was trading at 29,060.16, up 619.84 points (2.18 per cent) while the Nifty 50 was at 8,475.95, up 194.85 points (2.35 per cent).

Among the Sensex stocks, gains in the early morning trade were being led by Tata Steel, Mahindra & Mahindra (M&M), Housing Development Finance Corporation (HDFC), Axis Bank, Reliance Industries (RIL) and HCL Technologies.

Indian express

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