INSUBCONTINENT EXCLUSIVE:
Sensex, Nifty in Tuesday's session took cues from global peers which dropped in tentative morning trade.The domestic stock markets turned
into the green after starting Tuesday's session on a lower note
At 10 am, the SP BSE Sensex was at 35,357.29, with a gain of 92.88 points or 0.26 per cent
The Nifty50 benchmark of the National Stock Exchange (NSE) reclaimed the crucial 10,650 mark and traded at 24.75 points or 0.23 per cent
Thirty four out of 50 Nifty50 stocks traded with gains
ONGC (up 2.64 per cent), Reliance Industries (up 1.66 per cent), HeroMoto Corp (up 1.64 per cent), Bajaj Finserv (up 1.27 per cent) and
Bajaj Auto (up 1.23 per cent) led the gains in the Nifty50 pack
PSU banks traded 0.07 per cent lower while private banks lost 0.11 per cent.Meanwhile, Asian markets dropped in tentative morning trade as
sentiment remained fragile in the face of tense trade relations between the United States and major economies
The Asia Pacific MSCI index ex-Japan dipped 0.66 per cent on early Tuesday trade, while Japan's Nikkei average was little changed
In China, the Shanghai Composite Index shed 0.23 per cent and the blue chip CSI300 index fell 0.19 per cent, according to a report from news
agency Reuters.On Monday, foreign portfolio investors (FPIs) sold shares worth a net Rs
1,205.12 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs
366.94 crore, according to provisional data from the NSE or National Stock Exchange.In the commodities market, oil prices climbed as
supplies from Libya were disrupted
Brent crude oil futures were at $78.06 per barrel at 0112 GMT, up 76 cents, or 1 per cent, from their last close
US West Texas Intermediate (WTI) crude futures were up 75 cents, or 1 per cent, at $74.69, according to another Reuters report.
