Indian stock market indices gain for three consecutive sessions

New Delhi (India): Indian stock indices prolonged their gains for the 3rd straight session on Tuesday, tracking reasonably firm signs from United States markets.
At 10.17 am, Sensex traded at 59,086.44 factors, up 675.46 points or 1.16 per cent, whereas Nifty traded at 17,504.85 points, up 193.05 factors or 1.12 percent. “A section of market participants now really feel more positive regarding a soft landing of the United States economic situation as well as have actually currently transformed bullish concerning the marketplace. It continues to be to be seen whether this sight gathers wider acceptance and receives,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Solutions.
Amongst Nifty 50 supplies, 44 sophisticated and the rest 6 decreased today, National Stock Exchange information showed.
“In India, bulls are gaining strength assisted by India’s development outperformance, excellent early Q2 outcomes, decreasing FII selling, gradually climbing DII buying as well as the optimism introduced by the cheery period. Bank Nifty is resistant with the potential to take financial supplies along with Nifty higher,” Vijayakumar added.

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