Indian shares opened higher on Tuesday after U.S. markets rebounded strongly overnight.
The benchmark 30-share BSE Sensex jumped 337 points, or 0.6 percent, to 52,911 in early trade, while the broader NSE Nifty index was up 100 points, or 0.6 percent, at 15,847.
Muthoot Finance rose over 1 percent after it acquired a 54 percent stake in Paymatrix.
Bharti Airtel gained 0.7 percent and TCS added 0.9 percent after they announced a collaboration to build 5G networks in India.
Jaiprakash Associates rallied 3 percent despite posting an 86 percent drop in quarterly net profit.
SBI climbed more than 1 percent after it received board approval to raise fresh additional tier 1 (AT1) capital up to an amount of Rs 14,000 crore.
Oil India shed 0.6 percent on reporting an 8 percent fall in Q4 profit.
Dish TV India dropped 1.3 percent. The company proposed to raise up to Rs 1,000 crore via a rights issue.
NMDC rose half a percent ahead of its earnings release.
VST Tillers Tractors was down 0.6 percent despite posting turnaround results for the fourth quarter ended March.
Sensex Tops 52,900 On Firm Global Cues; Nifty Nears 15,850
2021-06-22 04:11:12
