Wed, 24 Jul 2019

Mumbai (Maharashtra) [India], Mar 26 (ANI): Equity benchmark indices opened higher on Tuesday after Asian shares bounced back following two days of losses.

At 11:15 am, the BSE SP Sensex up 72 points at 37,881 while the NSE Nifty 50 gained 24 points at 11,379.

All sectors except Nifty IT traded in the green during early morning hours. The Nifty Realty gained over 2 per cent.

Shares of Jet Airways jumped over 6 per cent after Naresh Goyal stepped down as Chairman of the board on Monday and transferred control to the lenders.

Reliance Industries, Indian Oil, ONGC, Coal India and Vedanta also traded higher marginally. But Infosys, Tech Mahindra and Power Grid were in the red at National Stock Exchange.

Meanwhile, Asian stock markets were up a day after a regional sell-off was sparked by fresh worries of a possible US recession in the coming months.

Investors were also cautious after British Prime Minister Theresa May said there was not enough support to put her Brexit deal to a third vote in Parliament.


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