Sensex up over 100 points, Nifty breaches 8,000-mark
Hopes of a monetary policy easing, coupled with broadly positive global cues, along with rupee appreciation lifted the Indian equity markets during the early morning trade session on Tuesday.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched-up by 23.25 points or 0.29% to 8,152 points.
The barometer 30-scrip sensitive index Sensex of the BSE, which opened at 26,403.62 points, traded at 26,409.90 points (at 09:30 am) -- up 60.80 points or 0.23% from the previous close at 26,349.10 points.
The Sensex has so far touched a high of 26,481.78 points and a low of 26,393.99 points during the intra-day trade.
At 10:03 hours, the Sensex was trading up 135.75 points or 0.52% at 26,484.85 on the BSE.
The BSE market breadth was skewed in favour of the bears -- with 1,099 advances and 365 declines.
On Monday, the Indian equity markets ended on a higher note, as investors` sentiments were buoyed on hopes of a monetary policy easing and positive global cues.
The barometer index gained by 118.44 points or 0.45% to 26,349.10 points, while the NSE Nifty edged higher by 41.95 points or 0.52% to 8,128.75 points.
At 10:03 hours, the Nifty was trading up 42.70 points or 0.53% at 8,171.45 on the NSE.