Market Open Higher, Top Stocks in Action


Indian share markets opened higher on Tuesday, recovering from yesterday’s massive falls. Meantime, the rupee opened higher by 0.2-percent to 71.84 against the US Dollar.

At 9.35-am, the BSE benchmark Sensex rose 96 points at 40459-level while the NSE Nifty-fifty rose 26-pts to 11,855.

Hindustan Unilever, Indian Oil Corp, Oil and Natural Gas Corp (ONGC) and Zee Entertainment were among major Nifty gainers. On the other hand, UPL, HCL Technologies, HDFC Bank and Tata Motors were top laggards.

Sectoral indices on the Nifty were combined with major gains in Nifty Realty-up by 1.12 percent, followed by Nifty FMCG-up by 0.69-pc, Nifty metal-up by 0.58-pc, Nifty Media-up by 0.52-up and Nifty IT- up by 0.52 percent.

On the downside, Nifty Pharma, Auto, PSU Bank, Private Bank, and the financial services were traded lower up to 0.60 percent.

Among stocks, Hindustan Unilever gained 1.63 percent to Rs.2,251.15-per share after the announced its plans to set up a new subsidiary, which would be primarily engaged in manufacturing activities.

Among the new inclusion in the NSE Future & Option, as announced by the NSE, stocks of Info Edge, HDFC Life, and Bandhan Bank to be added in the NSE Future & Options segment with effect from February-28. To avail the best Stock Future Option Tips click on the link.

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