INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Domestic equities opened on a positive note on Tuesday, tracking cues from Asian peers that showed signs of recovery, a day after
suffering strong losses on renewed worry over US-China trade war.Markets across China, Hong Kong, Singapore, Korea and Taiwan rose up to 0.8
per cent after Monday's slide
Japan's Nikkei was an exception, which fell 1.1 per cent to 22,006.58, taking a delayed hit after the country's financial markets opened
after a 10-day market break
Oil prices were mixed as US sanctions on oil exporters Iran and Venezuela kept markets on edge while concerns that an escalating Sino-US
trade dispute could slow the global economy also kept crude somewhat in check
Brent crude oil futures were at $71.16 per barrel, 8 below their last close
Around 9:40 am, the BSE Sensex was 166 points up at 38,766, while the Nifty index was 36 points up at 11,634
By 9.55 am, the 30-pack had cut gains to 100 points
Nifty50 was ruling near 11,600
Vedanta, HUL, Hero MotoCorp, Power Grid and Tata Steel were among top gainers in the Sensex index
On the other hand, IndusInd Bank, ONGC, Reliance Industires, Sun Pharma and HCL Tech were among the top losers
Barring oil gas and energy, all sectoral indices were in the green on BSE
Data suggests foreign portfolio investors (FPIs) sold Rs 948.98 crore worth of domestic stocks on Monday, data available with NSE suggested
DIIs were net buyers to the tune of Rs 89.89 crore, data suggested