INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Amid lack of any major cues, domestic equity market opened with minor gains on Tuesday
Traders are waiting for any material development on the US-China trade front.
BSE Sensex was up 92 points at 40,376 while NSE barometer
Nifty rose 24 points to 11,908
The broader market also traded in line with their headline peers
Nifty Midcap was up 0.24 per cent to 16972 while Nifty Smallcap jumped 0.58 per cent to 5,721
Nifty 500 was up 0.15 per cent to 9684.
RIL, Bharti Airtel, HDFC Bank and Axis Bank were among major index contributors
Bharti Airtel was the biggest gainer in the 30-share pack Sensex
Among other gainers were YES Bank, up 1.75 per cent at Rs 67.05 and Tech Mahindra that added 1.75 per cent to Rs 764.60.
Source: BSETelecom
stocks surged after a day after Vodafone Idea and Bharti Airtel announced a hike in tariffs from December 1
The former was up 16.33 percent to Rs 5.20 while the latter was up 4.79 petr cent to Rs 428.75
Bharti Infratel also jumped 5.20 per cent to Rs 238.60 on NSE.
SBI Life tanked 6.15 per cent in the early trade to Rs 938.05 amid reports
that Carlyle Group trimmed stake in the company.
Globally, Asian share markets were mixed on Tuesday, as another day awaiting clearer news
on the progress of US-China trade negotiations left investors bereft of trading motivation.
MSCI's broadest index of Asia-Pacific shares
outside Japan inched 0.2 per cent higher as hopes for stimulus in China lifted Shanghai blue chips by 0.8 per cent and Hong Kong's Hang
Seng by 1 per cent.
Japan's Nikkei, however, shed 0.2 per cent and South Korea's Kospi 200 dropped 0.3 per cent
Australia's S-P/ASX 200 rose 0.4 per cent.
