Sensex Gains Over 200 Points; Tata Motors Soars 14%

Asian indices were mixed in early trading; Straits Times and Kospi gained 1 per cent each, while Taiwan Weighted and Shanghai Composite was trading flat

The domestic stock markets have opened at fresh all-time highs, maintaining the momentum witnessed in the previous session, on the back of a runaway strength in Tata Motors and buying interest in the likes of M&M, Tata Consumer Products and Bajaj Finance. At 9:18 am, the BSE Sensex is at 60,521.55, higher by 243 points or 0.40 per cent and the NSE Nifty is at 18,079.05, up 89.70 points or 0.52 per cent.

The broader markets are also trading firm, with the BSE Midcap index and BSE Smallcap index gaining 0.8 per cent and 0.7 per cent each.

Asian indices were mixed in early trading; Straits Times and Kospi gained 1 per cent each, while Taiwan Weighted and Shanghai Composite was trading flat.

US stocks finished lower on Tuesday night as investors grew jittery in the run-up to third-quarter earnings, while a jump in Tesla shares helped support the market. The Dow Jones Industrial Average fell 0.34 per cent, the S&P 500 lost 0.24 per cent and the Nasdaq Composite dropped 0.14 per cent.