Test heading for the live blog
Stock market live updates: Equity benchmark indices held nominal gains in Tuesday's early trade tracking positive global market cues as fears related to the banking crisis in the West seemed to subside overnight. The BSE Sensex opened 250 points higher at 59,913, and the NSE Nifty50 gained 65 points to reach right above 17,050.
Reliance, Bharti Airtel, Axis Bank Bajaj twins, Nestle, Titan, L&T, ICICI Bank and HCL Tech were the top winners on the Sensex, while Adani Enterprises and SBI Life were the additional gainers on the Nifty.
On the flip side, ITC, PowerGrid, IndusInd Bank, Sun Pharma, Infosys, Tech M, M&M and JSW Steel were the top laggards across the two frontline indices.
The broader markets opened with slightly larger gains. The BSE MidCap and SmallCap indices rose up to 0.5 per cent. Sectorally, defensives like Nifty IT, pharma and FMCG indices were the only losers, down up to 0.7 per cent. On the other hand, Nifty PSU Bank and consumer durable index rose the most, up almost a per cent each. Among stocks, shares of HDFC AMC rose 2 per cent after SBI Mutual Fund bought a 2.2 per cent stake in the AMC worth Rs 757 crore in open market transactions on Monday, as GQG Partners sold off 1.16 per cent stake.
