Indian equity benchmarks opened strong on Tuesday, driven by global positivity and robust buying in blue-chip stocks like HDFC Bank and State Bank of India. The Sensex jumped 300.98 points to 80,549.06, while the Nifty rose 101.85 points to 24,377.90. Top gainers included State Bank of India, JSW Steel, and Bajaj Finance, while ITC and Bharti Airtel lagged.
Asian markets, including Tokyo, Shanghai, and Hong Kong, also recorded gains, bolstering sentiment. Domestic institutional investors bought ₹3,588.66 crore of shares on Monday, countering FII outflows of ₹238.28 crore.
The rupee slid 4 paise to an all-time low of 84.76 against the US dollar, pressured by foreign outflows and a stronger greenback. Investors await the RBI’s December 6 policy review for cues on inflation and growth measures. Monday’s market recovery, with Sensex up 445.29 points, reflects resilience amid global uncertainties.
