Sensex Opens Over 50 Points Higher, Nifty Above 11,800

INSUBCONTINENT EXCLUSIVE:
Stock Market Updates: On Monday, the Sensex had ended 540.00 points lower at 40,145.50Domestic stock markets gave up initial gains in a
choppy session on Tuesday, continuing to decline a day after benchmark indices slumped more than 1 per cent tracking global equities on
The S-P BSE Sensex index fell 123.96 points to hit 40,021.54 on the downside, reversing direction following a mildly positive start
The broader NSE Nifty 50 benchmark moved in a range of 78.85 points, between 11,736.80 and 11,815.65.At 9:29 am, the Sensex traded at
40,029.44, down 116.06 points - or 0.29 per cent - from its previous close, and the Nifty was down 28.65 points - or 0.24 per cent - at
11,739.10.Adani Ports, IndusInd Bank, ICICI Bank, ONGC and Indian Oil, trading between 2.18 per cent and 2.90 per cent lower, were the top
1.30-6.11 per cent each - rose the most among 22 Nifty gainers.Equities in other Asian markets moved lower as soaring coronavirus cases
of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower
Japan's Nikkei 225 benchmark was down 0.28 per cent while Hong Kong's Hang Seng index was down 1.02 per cent.The three main US indices -
S-P 500, Dow Jones Industrial Average and Nasdaq Composite - fell sharply overnight to open the week's trading, as anxiety over new record
daily COVID-19 cases in the US, Russia and France weighed on investor appetite.White House economic adviser Larry Kudlow told reporters on
Monday that talks over a coronavirus relief package have slowed, though House Speaker Nancy Pelosi remained hopeful an agreement can be
reached before the November 3 elections.On Monday, the Sensex had ended 540.00 points lower at 40,145.50, and the Nifty settled at
11,767.75, down 162.60 points from its previous close.