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Sensex Gains 130 Points, Nifty Nears 11,950

The equity benchmark indices started on a higher note on Tuesday’s trading session amid gains on Asian peers. In the early trade, the S&P BSE Sensex rose as much as 142.3 points to 39,926.82, while the NSE Nifty 50 rose as much as 37.25 points to 11,959.95. As of 10:06 am, the Sensex index traded at 39,914.79, with a gain of 130.27 points or 0.33%, and the broader Nifty was at 11,945.15, up 22.45 points or 0.19%. The top gainers on the Sensex pack were Reliance Industries, TCS and IndusInd Bank. Trading between 1.06% and 1.48% higher, IndusInd Bank, Tata Motors, HCL Tech, and ONGC were the top gainers on the Nifty index. The consumer inflation data for the month of May will be released by the government on Wednesday. In other Asian markets, equities registered modest gains with the MSCI’s broadest index of Asia-Pacific shares outside Japan surged 0.2% and Japan’s Nikkei was up 0.05%. The Australian stocks added 0.9% and South Korea’s KOSPI rose 0.15%. Meanwhile, the 30-share Sensex surged 169 points or 0.43% to end at 39,785, and the 50-scrip Nifty index ended 52 points or 0.44 higher, at 11,923. (Harleen Sandhu)

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