Mumbai: The BSE Sensex rallied 399.67 points to 77,286.58 in early trade on Tuesday. The NSE Nifty gained 91.20 points to 24,086.90.
Foreign Institutional Investors offloaded equities worth Rs 2,104 crores while Domestic Institutional Investors infused Rs 1,712 crores to buy equities on Tuesday.
Asian markets opened on a firm note, with the Nikkei up 1.03% at 60,531.8, Hang Seng rose 0.52% at 25,814.4, TAIEX advanced 0.54% at 39,176.2 and KOSPI gained 0.23% at 6,619.0. UAE leaving the OPEC was a key driver of opening trades across the region.
On April 28 (Tuesday), Indian equities closed on a risk-off note, with Nifty slipping below 24,000 and Sensex ending lower, dragged largely by financials. Bank Nifty was the key laggard, down 1.54%, as HDFC Bank, ICICI Bank, and Axis Bank declined amid weak sentiment and profit-taking after the recent run-up, while PSU banks also saw sharp selling pressure. The broader tone remained cautious with limited buying interest, though oil & gas and metals offered some support, slightly cushioning the downside.
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