<p>Equity benchmark Sensex surged over 800 points in the opening session on Tuesday led by gains in index heavyweights Reliance Industries, HDFC twins and Infosys amid recovery in global equities.</p>.<p>After hitting a high of 29,316.80, the 30-share BSE barometer was trading 505.20 points or 1.78 per cent higher at 28,945.52.</p>.<p>Similarly, the NSE Nifty rose 199.85 points, or 2.41 per cent, to 8,480.95.</p>.<p>Tata Steel, HDFC, Axis Bank, M&M, Reliance Industries, ONGC, ITC, HCL Tech and Titan rallied up to 3 per cent.</p>.<p>On the other hand, IndusInd Bank plunged up to 15 per cent. Bajaj Finance, Bajaj Auto and Maruti were also among the laggards.</p>.<p>In the previous session, the 30-share BSE barometer ended 1,375.27 points or 4.61 per cent lower at 28,440.32, and the broader Nifty fell 379.15 points, or 4.38 per cent, to close at 8,281.10.</p>.<p>Foreign institutional investors (FIIs) turned net sellers in the capital market, as they offloaded equity shares worth Rs 4,363.61 crore on Monday, according to provisional exchange data.</p>.<p>According to traders, despite concerns over the rising number of COVID-19 cases in the country and the economic fallout of the nationwide lockdown, investors are value-buying during each dip.</p>.<p>On the global front, bourses in Shanghai were trading on a positive note after China's manufacturing sector steadily resumed production after the COVID-19 shutdown, with 98.6 per cent of the major industrial firms nationwide having restarted work.</p>.<p>Stocks in Hong Kong, Tokyo and Seoul were also trading significantly higher. Benchmark exchanges on Wall Street rallied over 3 per cent in overnight trade.</p>.<p>Meanwhile, the Indian rupee appreciated 10 paise to 75.48 against the US dollar in morning trade.</p>.<p>Brent crude futures, the global oil benchmark, rose 2.16 per cent to USD 26.99 per barrel.</p>.<p>The number of COVID-19 cases in India has surged past 1,200, according to health ministry log. While there are more than 1,100 active cases, nearly 100 have been cured.</p>.<p>Deaths around the world linked to the pandemic crossed have 37,000.</p>
<p>Equity benchmark Sensex surged over 800 points in the opening session on Tuesday led by gains in index heavyweights Reliance Industries, HDFC twins and Infosys amid recovery in global equities.</p>.<p>After hitting a high of 29,316.80, the 30-share BSE barometer was trading 505.20 points or 1.78 per cent higher at 28,945.52.</p>.<p>Similarly, the NSE Nifty rose 199.85 points, or 2.41 per cent, to 8,480.95.</p>.<p>Tata Steel, HDFC, Axis Bank, M&M, Reliance Industries, ONGC, ITC, HCL Tech and Titan rallied up to 3 per cent.</p>.<p>On the other hand, IndusInd Bank plunged up to 15 per cent. Bajaj Finance, Bajaj Auto and Maruti were also among the laggards.</p>.<p>In the previous session, the 30-share BSE barometer ended 1,375.27 points or 4.61 per cent lower at 28,440.32, and the broader Nifty fell 379.15 points, or 4.38 per cent, to close at 8,281.10.</p>.<p>Foreign institutional investors (FIIs) turned net sellers in the capital market, as they offloaded equity shares worth Rs 4,363.61 crore on Monday, according to provisional exchange data.</p>.<p>According to traders, despite concerns over the rising number of COVID-19 cases in the country and the economic fallout of the nationwide lockdown, investors are value-buying during each dip.</p>.<p>On the global front, bourses in Shanghai were trading on a positive note after China's manufacturing sector steadily resumed production after the COVID-19 shutdown, with 98.6 per cent of the major industrial firms nationwide having restarted work.</p>.<p>Stocks in Hong Kong, Tokyo and Seoul were also trading significantly higher. Benchmark exchanges on Wall Street rallied over 3 per cent in overnight trade.</p>.<p>Meanwhile, the Indian rupee appreciated 10 paise to 75.48 against the US dollar in morning trade.</p>.<p>Brent crude futures, the global oil benchmark, rose 2.16 per cent to USD 26.99 per barrel.</p>.<p>The number of COVID-19 cases in India has surged past 1,200, according to health ministry log. While there are more than 1,100 active cases, nearly 100 have been cured.</p>.<p>Deaths around the world linked to the pandemic crossed have 37,000.</p>