Indian stock market opened on a positive note on Tuesday. At 10.20 am, the BSE Sensex was trading higher by 39.43 pts and the NSE Nifty-50 was trading higher by 7.35 pts. Meanwhile, BSE Mid Cap and BSE Small Cap were trading higher by 0.23% and 0.47% respectively. Gains are largely seen in metal stocks, realty and power stocks.
The HDIL (Housing Development & Infrastructure Ltd.) stock was the major gainer in the BSE Realty index, touching its intraday high of Rs 99.8 per share up by 7.4 percent. The other realty stocks such as Sobha Limited, Unitech Ltd, Oberoi Realty and Godrej Properties were also trading in positive terrain. Meantime, the stock of ABB India Ltd, was trading up more than 10% at Rs. 1,568 in the morning hours on BSE.
Tata Motors, IOC, Axis Bank and Bharti Infratel, are among the gainers, while Indiabulls Housing Finance, Ambuja Cements, Bank of Baroda and ICICI Bank were losing on the NSE.
The book publisher S Chand & Company got enlisted on BSE at a premium of 5% at Rs 707 per share as against its IPO price of Rs 670 per share.
The Indian rupee weakened against the U.S dollar today, tracking the losses in Asian markets. It was trading at 64.51 per dollar, down 0.31% from its last close of 64.31. It opened at 64.42 per dollar and touched a high of 64.52, and a low of 64.42.