Last Updated: October 10, 2023, 09:29 IST
The key frontline indices started Tuesday’s trade on a positive note, tracking strong gains in Asian peers. The S&P BSE Sensex opened 150 points higher at 65,662, and soon rallied over 300 points to 65,850 levels. The NSE Nifty50 was seen testing the 19,600 level in opening trades.
Among the Sensex pack, Bajaj Finance, Tata Steel, Titan, Wipro and Infosys was the prominent gainers.
Near home, in Asia, Nikkei surged over 2 per cent. Hang Seng was up over a per cent. Kospi and Taiwan gained more than 0.5 per cent each. Shanghai, however, was down 0.6 per cent.
Overnight, the US market, reversed losses and advanced around 0.5 per cent as two Fed officials hinted that interest rates may remain stable in the near term.
Brent Crude was seen consolidating around the $88-mark.