Sensex gained 178.02 points, opening at 74,064.96, while Nifty rose by 49.35 points, starting the day at 22,523.30. Among the Nifty companies, 31 advanced while 19 declined in the opening session. Leading the gains were Britannia, Kotak Bank, JSW Steel, Maruti, and TCS, whereas Titan, SBI
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Indian stock indices rose marginally Thursday morning after they witnessed mild losses in the previous session. Today's positive momentum could be linked to record GST collection in April coupled with overall stability in the economy.
Union Minister Mansukh Mandaviya on Tuesday said that he can sense the pulse of people and expressed confidence that the Bharatiya Janata Party-led National Democratic Alliance (NDA) of winning more than 400 seats in the ongoing Lok Sabha elections.
The Sensex, India's benchmark index, closed at 74,482.78, marking a decline of 188.50 points or 0.25 per cent after reaching an intraday and all-time high of 75,111.39. Similarly, the Nifty 50 concluded at 22,604.85, down by 38.55 points or 0.17 per cent from its 52-week high of 22,783.35.
Indian stock indices continued their gains from where they left the previous session, though marginally, supported by strong US markets coupled with improved investor sentiment with the relative easing of tensions in the Middle East.
This week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April 30 to May 1.
Indian stocks opened higher on Monday morning, backed by strong US markets which showed a robust performance on Friday. Also, improved investor sentiment with the relative easing in tensions in the Middle East and declining oil prices supported the Indian stocks.