Bharti Airtel, Tech Mahindra, Kotak Mahindra Bank and HDFC got 1.4-3.9 per cent each on BSEThe standards indices touched fresh highs in afternoon trading on Tuesday, due to positive global hints.
Asian markets are trading largely in the green and the European indices have actually likewise opened on a strong footing.
At 12:38 pm, the BSE Sensex was trading at 54,725.10, higher by 314.65 points or 0.57 per cent and the NSE Nifty was at 16,340.75, up 81.85 points or 0.50 percent.
There is purchasing across the board, led by infotech and financial heavyweights.
All the BSE sectoral indices are trading in the green, with the exception of the metal and FMCG space.The more comprehensive markets are however dragging their largecap equivalents, with the BSE Midcap index trading flat and BSE Smallcap index edging lower by 0.4 per cent.In the currency market, the rupee depreciated 20 paise to 74.46 against the US dollar in opening trading, tracking the firm American currency.
At the interbank foreign exchange, the rupee opened on a weak note at 74.40 against the dollar, then fell even more to 74.46.
In the main market, Aptus Value Real Estate Finance IPO and Chemplast Sanmar IPO have actually opened for bidding.
On the stock specific front, Bharti Airtel, Tech Mahindra, Kotak Mahindra Bank and HDFC got 1.4-3.9 per cent each on the BSE.
Amongst stocks in the news, Reliance Industries has gotten 0.9 percent to Rs 2,097 after its arm Reliance New Energy Solar, along with tactical investors Paulson - & Co.
Inc.
and Expense Gates, and a few others, announced an investment of $144 million in Ambri Inc, an energy storage business based in Massachusetts, USA.
Industries touched a high of Rs 2,112 earlier in the day.On the other hand, Powergrid, SBI, ITC and Hindustan Unilever shed 1-2 per cent each on the BSE.The BSE market breadth is weak.
Out of 3263 stocks traded on the BSE, there are 1062advancing stocks as versus 2068 decreases.