The domestic stock market made a comeback on Tuesday after heavy selling in the last session.
Bombay Stock Exchange (BSE) Sensex was trading at 76,673.11 points with a gain of 343.1 points at 9.25 am, while National Stock Exchange (NSE) Nifty was trading at 23196.40 points with a gain of 110.45 points. In today’s trading on Nifty, NTPC, Tata Motors, Hindalco, Bajaj Finance, SBI were seen the biggest gainers, while HCL Tech, Tech Mahindra, HUL, TCS, Apollo Hospitals were the biggest losers. Except IT and FMCG, all other sectoral indices are trading in the green. BSE Midcap index has gained 1 percent and Smallcap index has gained 0.4 percent.
Earlier, after Monday’s volatility, BSE Sensex started Tuesday’s session with a marginal gain of 5.74 points at 76,335.75. Nifty opened at 23,165.90 with a gain of 79.95 points.
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HCL Tech has set the record date for dividend payment as January 17, 2025, while the payment date is January 24, 2025. JSW Cement, a unit of Sajjan Jindal-promoted JSW Group, has received Sebi’s nod to raise Rs 4,000 crore through an initial public offering (IPO). Ahead of the Union Budget, brokerage company Goldman Sachs said it expects a slowdown in government capital expenditure growth in the new financial year.
Mixed trading in Asian stocks
There is mixed trading in Asian stocks on Tuesday. Japan’s benchmark Nikkei 225 fell 1.8% to 38,469.58 in morning trading, the day it reopened after a holiday on Monday. Australia’s S&P/ASX 200 rose 0.4% to 8,220.50. South Korea’s Kospi was little changed, falling less than 0.1% to 2,489.33, according to the AP.
Hong Kong’s Hang Seng rose 1.5% to 19,163.92, while the Shanghai Composite rose 2.2% to 3,229.99. On Wall Street, the S&P 500 rose 0.2% after erasing an earlier decline of 0.9%. The Dow Jones Industrial Average rose 358 points, or 0.9%, while weakness in Big Tech stocks pushed the Nasdaq Composite down 0.4%.
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