Stock market marginally up, Sensex 100 points strong, Nifty close to 15,200
The major stock index Sensex rose more than 100 points in early trade due to the rise in large stocks such as HDFC, Reliance Industries and Infosys amid the boom in Asian markets. The 30-share BSE index rose 125.76 points or 0.25 percent to 50,763.29 and the broader NSE Nifty was up 25.75 points or 0.17 percent at 15,234.20. Titan was the biggest gainer in the Sensex by two per cent. Apart from this, Sun Pharma, M&M, L&T, Bajaj Finserv, HUL and Asian Paints were also included in the rising stocks. On the other hand, Powergrid, ICICI Bank, HCL Tech and Kotak Bank were trading in the green mark. The Sensex was down 14.37 points, or 0.03 percent, to close at 50,637.53 in the previous session, while the Nifty gained 10.75 points, or 0.07 percent, to close at 15,208.45. Foreign institutional investors (FIIs) bought shares worth Rs 959.77 crore on a gross basis on Tuesday, according to provisional data from the stock market. Among Asian markets, Shanghai, Hong Kong and Tokyo were up during the mid-season, while Seoul was in the red. Meanwhile, international oil benchmark Brent crude was trading 0.23 percent down at $ 68.33 a barrel.
