Markets open higher on IT gains, Reliance boost
India Today
The blue chip NSE Nifty 50 index rose 0.46% to 14,998.50 and the benchmark S&P BSE Sensex added 0.45% to 50,622.16 by 9:26 am.
Indian shares opened higher on Tuesday after closing lower in the previous session, helped by gains in heavyweight information technology stocks and conglomerate Reliance Industries. The blue chip NSE Nifty 50 index rose 0.46% to 14,998.50 and the benchmark S&P BSE Sensex added 0.45% to 50,622.16 by 9:26 am. A renewed surge in COVID-19 cases, a jump in February inflation to a three-month high and a fall in January industrial output had led the Nifty to drop as much as 1.90% and the Sensex 1.96% on Monday. Information technology stocks, which helped pare losses towards the close of the previous session, continued their gains on Tuesday.More Related News