Sensex rises over 400 points, Nifty rises | Top Gaining Stocks

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Sensex rises over 400 points, Nifty rises | Top Gaining Stocks
Sensex rises over 400 points, Nifty rises | Top Gaining Stocks

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The Nifty 50 rose 0.83% or 132.15 points to 15,967.50 while the BSE Sensex rose 0.82% or 438.39 points to 53,673.16.

Sensex and Nifty were in the green on Tuesday.

ACCENTS

  • The Nifty Metals index rose 1 percent
  • Shares of PTC India Financial Services jumped 18 percent
  • Asian stocks also rose on Tuesday morning

The Sensex and Nifty rose on Tuesday, lifted by energy companies and metals shares that fell, and as PTC India Financial Services got a boost from a satisfactory audit report on its business operations.

The NSE Nifty 50 rose 0.83% or 132.15 points to 15,967.50 while the BSE Sensex rose 0.82% or 438.39 points to 53,673.16.

The metals index Nifty rose 1% after falling nearly 2.5% in the previous session, while the energy index rose 0.86%.

Among individual gainers, PTC India Financial Services jumped 18%, while Marksans Pharma rose 12% after a share buyback offer.

PTC India Financial has been under the scrutiny of India’s market regulator for its corporate governance issues.

Meanwhile, Asian shares rose on Tuesday morning as positive economic data and hints of easing tensions between China and the United States offered some respite from the recent sell-off, although lingering fears of a global recession and sky-high inflation kept most buyers on the sidelines.

READ ALSO | India is in a better position than most other countries, says Sanjiv Goenka on the economic situation

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