Lagatar24 Desk
Mumbai, Jan 18: The Indian equity indices began trading in the green on Tuesday, owing to favourable global cues. Even while global investor attention remains focused on the potential of US interest rate hikes in the coming months, following two years of extraordinary pandemic-induced policy easing, Asian stock markets were mainly higher.
Back at home, the 30-share BSE Sensex was up 157 points, or 0.26 percent, at 61,466 at 9:20 a.m., while the broader NSE Nifty was up 43 points, or 0.25 percent, at 18,351.
Mid- and small-cap stocks were higher, with the Nifty Midcap 100 index up 0.42 percent and small-cap stocks up 0.24 percent.
On a stock-by-stock basis, Sun Pharma was the highest Nifty gainer, rising 1.51 per cent to 866.10. Among the gainers were ITC, Coal India, Tech Mahindra, and BPCL.
Eicher Motors, UltraTech Cements, Maruti, Shree Cement, and Grasim Industries, on the other hand, were among the losers.
On the BSE, the overall market breadth was positive, with 1,945 shares rising and 900 falling.
Sun Pharma, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Kotak Mahindra Bank, and ITC saw the greatest increases on the 30-share BSE platform, with their shares gaining as much as 1.17 percent in early trade.
Among the losers were Maruti, Tata Steel, Asian Paints, and Bharti Airtel.
Meanwhile, on Monday, the 30-share BSE Sensex rose 86 points, or 0.14 percent, to close at 61,309, while the wider NSE Nifty rose 52 points, or 0.29 percent, to finish at 18,308.
