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Stock Tips Today Live Equity Nifty Market Updates

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The Indian equity market rebounded sharply after the market priced in Union Budget 2016 in previous session. The Sensex rose 247.60 points or 1.08 percent to 23249.60 and the Nifty climbed 69.85 points or 1 percent to 7056.90, led by ITC. ITC rallied 6.46 percent post factoring in excise duty hike on cigarettes. ICICI Bank, Axis Bank, Infosys, SBI and PNB gained 1-3 percent while ONGC and Bharti Airtel fell more than 1 percent.
The Indian rupee gained 17 paise in the early trade today. It has opened at 68.26 per dollar versus 68.43 Monday. Sensex rallies over 400 points in early trade, Nifty above 7,050; ITC surges over 5%. The BSE Sensex and NSE Nifty opened in green on Tuesday on account of mixed global markets.
Sensex was trading 234.48 points up at 23236.48. Nifty was up 58.05 points at 7045.10. In the 50-share index, ITC, ICICI Bank, Axis Bank, BPCL and Bank of Baroda were up between 1.73 per cent and 5.68 per cent. On the other hand, ONGC, Kotak Mahindra Bank, Lupin, Mahindra & Mahindra and Dr Reddy’s were down between 0.53 per cent and 1.92 per cent.


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