Indian Stock Market Opens on Positive Note; Sensex Rises Over 319 Points, Nifty Above 24,180

Mumbai:  Indian equity markets opened higher on Tuesday with moderate gains, following a strong close on Monday. The BSE Sensex began trading with a jump of 319.89 points at 79,728.39, while the NSE Nifty 50 opened 59.85 points higher at 24,185.40.

This upward momentum comes a day after markets shrugged off a sluggish start to end Monday’s session on a high note. The Sensex had closed 855.30 points up at 76,996.78, while the Nifty had gained 273.90 points to finish at 24,125.55.

Out of the 30 Sensex-listed companies, 16 opened in the green, and 14 in the red. Meanwhile, on the Nifty 50 index, 30 stocks opened with gains, while 20 opened lower.

Among Sensex gainers, Tata Steel led the pack with a rise of 2.33%, followed by HDFC Bank (0.88%), Eternal (0.79%), ITC (0.51%), Hindustan Unilever (0.47%), Kotak Mahindra Bank (0.39%), Axis Bank (0.34%), NTPC (0.29%), Sun Pharma (0.26%), Bajaj Finance (0.24%), Reliance Industries (0.23%), SBI (0.21%), Adani Ports (0.13%), ICICI Bank (0.07%), Nestle India (0.05%), and Maruti Suzuki (0.05%).

On the downside, IndusInd Bank saw the steepest decline, opening 3.99% lower, followed by Infosys (-1.55%), TCS (-0.53%), Tech Mahindra (-0.30%), Asian Paints (-0.27%), Power Grid (-0.27%), UltraTech Cement (-0.23%), Mahindra & Mahindra (-0.18%), Titan (-0.14%), Bajaj Finserv (-0.12%), HCL Tech (-0.10%), Tata Motors (-0.10%), Bharti Airtel (-0.03%) and L&T (-0.01%).

Market analysts say the positive opening reflects investor optimism and strong buying momentum in select sectors, with a watchful eye on global cues and earnings season developments.