Stock market benchmark indices Sensex and Nifty surged on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.
At 10:50 hours, the 30-share benchmark index was trading at 84028.11 up by 2361.65 points or by 2.89 % and then NSE Nifty was at 25763.7 up by 675.3 points or by 2.69 %.
Sensex touched intraday high of 85871.73 and intraday low of 83501.22 The NSE Nifty touched intraday high of 26341.2 and intraday low of 25641.3
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 1509.85,+7.62%), InterGlobe Aviation Ltd. (Rs. 4944.70,+5.49%), Bajaj Finance Ltd. (Rs. 953.65,+5.45%), Reliance Industries Ltd. (Rs. 1449.80,+4.29%), Eternal Ltd. (Rs. 284.25,+4.24%), among others.
The top losers of the BSE Sensex pack were among others.
Realty index was at 6414.55 up by 350.62 points or by 5.78%. Godrej Industries Ltd. (Rs. 1698.40,+8.84%), Lodha Developers Ltd. (Rs. 1039.80,+8.14%), DLF Ltd. (Rs. 662.70,+5.69%), Brigade Enterprises Ltd. (Rs. 778.80,+5.17%), Sobha Ltd. (Rs. 1492.80,+4.95%),.
Oil&Gas index was at 27942.28 down by 81.62 points or by 0.29%. Hindustan Petroleum Corporation Ltd. (Rs. 445.00,-1.76%), Bharat Petroleum Corporation Ltd. (Rs. 361.00,-1.54%), Oil And Natural Gas Corporation Ltd. (Rs. 250.50,-1.38%), Oil India Ltd. (Rs. 478.90,-0.96%), Indraprastha Gas Ltd. (Rs. 171.95,-0.61%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4238 , shares advanced were 3280 while 762 shares declined and 196 were unchanged.