Market Opening Bell: Sensex surges 400 points, Nifty near 25,000 amid optimism around India-US trade talks
Indian equity benchmark indices, the Sensex and Nifty, started Tuesday's trading session on a positive note amid strong global cues with President Trump’s initiative to improve India-US relations and PM Modi’s positive response to the same. The 30-share BSE Sensex zoomed 403.04 points to start the session at 81,504.36; the Nifty gained 122.4 points to open at 24,991. In the last trading session, the Sensex closed at 81,101.32 and the Nifty 50 at 24,868.60. Similarly, the broader indices also traded in the green in the opening session. While the BSE Midcap was up 169.46 points, or 0.37 per cent, in the early trading session, the BSE Smallcap index added 373.65 points, or 0.70 per cent, to trade at 53,399.23.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a loss of 23.5 points at 24,940, compared to the previous close of 24,963.50.
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