On Monday, TCS became the first Indian IT company to touch $100 billion in market capitalization after the stock rallied 4.42% intraday. Photo: Reuters
- Mumbai: The benchmark BSE Sensex rose 147 points and Nifty reclaimed 10,600 mark in early trade on Tuesday on sustained buying by domestic institutional investors amid firm Asian cues. Encouraging earnings by blue-chip company also added to the uptrend. The 30-share index rose 147.25 points, or 0.42%, to 34,598.02. The gauge had gained 35.19 points in the previous session. The NSE Nifty was up 23.90 points, or 0.22%, to 10,608.60. Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth a net Rs 387.26 crore, while foreign portfolio investors (FPIs) sold shares worth a net Rs 259.08 crore yesterday, per provisional data showed.US stocks fell on Monday as tech shares declined, while investors fretted over higher interest rates. Wall Street also zeroed in on the busiest week of the earnings season. Asia markets mostly rose in early trade on Tuesday despite the Dow and the Nasdaq stumbling amid a decline in tech shares.Here are the latest updates and developments from the markets today: