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Rising Kashmir > Blog > Breaking > Domestic stocks open with gains, tracking strong US and European markets
Breaking

Domestic stocks open with gains, tracking strong US and European markets

ANI
Last updated: December 27, 2022 9:12 am
ANI
Published: December 27, 2022
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The domestic markets opened with gains on Tuesday morning as investors pick up cues from strong key indices of American and European equities. Other markets in Asia were trading mixed on Tuesday morning.

S&P BSE Sensex went up 317.49 points to 60,883.91 while NSE’s broad-based Nifty 50 surged 106.50 points to 18,121.50 on Tuesday morning. Some of the most active stocks were Dalmia Sugars, Indian Overseas Bank, Union Bank of India, Suzlon Energy on BSE while Morepen, J and K Bank, Ajanta Pharma and Astro Micro were the laggards during the morning. Some of the gainers on Nifty 50 were Tata Motors, Hindalco, ONGC, JSW Steel and Tata Steel while Sun Pharma, Cipla and Dr Reddy were some of the laggards during the morning trade.

The Indian rupee opened marginally lower at 82.70 against the dollar on Tuesday against previous close of 82.65.

In Asian markets, Japan’s Nikkei went up 137 points, Hong Kong’s Hang Seng declined 86 points while China’s Shanghai was up 17 points on Tuesday morning.

In European markets, FTSE rose over 3 points, CAC was trading in the green while Deutsche Borse went up 26 points.

In American markets, Dow Jones was up 176 points, Nasdaq surged 21 points while S&P went up 22 points while the Asian markets opened on Tuesday morning.

The barometer index, the S&P BSE Sensex on Monday advanced 721.13 points or 1.20 per cent to 60,566.42. The Nifty 50 index added 207.80 points or 1.17 per cent to 18,014.60. PSU bank, media and realty stocks were in demand while health care and pharma stocks declined.(ANI)

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