Sensex Up 100pts, Nifty Above 17,850; Adani Ports Climb 1%

Domestic markets opened higher in Tuesday’s trade, supported by gains across index heavyweights like Hindustan Unilever, Tata Consultancy Services, Tech Mahindra, among others.

Key indices Nifty50 climbed over 30 points to trade above 17,850 levels, whereas the S&P BSE Sensex advanced over 50 points to trade around 60,769 levels.

Broader markets, too, as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.1 per cent.

Sectorally, Nifty Metal, Nifty Pharma, and Nifty FMCG indices were off to a good start, as it rose up to 0.5 per cent. On the flipside, Nifty Bank index was bogged down in trade.

Among individual stocks, shares of BEML gained over 1 per cent after it signed MoU with DMRC led SPV for Bahrain Metro.

Besides, shares of IFL Enterprises surged over 2 per cent as the board plans to mull sub-division of the shares of the company.