INSUBCONTINENT EXCLUSIVE:
The S-P BSE Sensex index rose as much as 199.68 points to 37,693.80 in early trade, and the broader NSE Nifty index climbed to 11,121.05, up
63.2 points from the previous close
Gains in financial, auto, metal and energy stocks supported the markets however weakness in information technology shares kept the upside in
1.23 lakh crore as dividend and Rs
52,640 crore from its surplus capital, according to an official statement.The dividend payment includes Rs
28,000 crore already transferred to the government in February.Asian stocks rose in step with their global peers on Tuesday, as signs that
the US-China trade hostilities might be easing for now helped restore investor confidence after the previous session's rout.MSCI's
Index advanced 1 per cent
South Korea's KOSPI added 0.8 per cent and Japan's Nikkei rose 1.1 per cent.US President Donald Trump on Monday flagged the possibility
of a trade deal with China and said he believed Beijing was sincere in its desire to reach an agreement.Global markets had been roiled at
the start of the week by new tariffs from the world's two largest economies.The Sensex and Nifty indexes had on Monday finished 2.16 per
cent and 2.11 per cent higher respectively, in their biggest single-day gain since May 20.(With inputs from Reuters)Get Breaking news, live
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