The benchmark indices opened higher on April 26 with Sensex reclaiming 57,000 mark and Nifty above 17100.
At 09:16 AM, the Sensex was up 534.23 points or 0.94 percent at 57,114.12. Nifty was up 168.30 points or 0.99 percent at 17,122.30. About 1,739 shares have advanced, 322 shares declined, and 60 shares are unchanged.
Asian stocks trade mixed
Asian stocks were mixed Tuesday while bonds advanced amid economic threats from China’s COVID outbreak and aggressive Fed monetary-policy tightening.
MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.8 percent, helped by China’s blue chip index adding 0.33 percent, after its worst day in two years on Monday. Hong Kong’s benchmark Hang Seng Index also bounced 0.6 percent. Yet sentiment remained fragile, after Twitter Inc shares rose on news that Elon Musk, the world’s richest person, clinked a deal to pay $44 billion cash for the social media platform populated by millions of users and global leaders.
US stocks stage biggest intraday turnaround
Dow industrials staged their biggest intraday turnaround in two months on Monday, while the S&P 500 and Nasdaq Composite each posted their biggest gains in almost a week, as investors shook off early weakness tied to China’s expanded COVID-19 lockdowns.
