Sensex, Nifty rangebound with positive bias after four straight sessions of decline

Mumbai (Maharashtra) [India]: The Indian securities market’s key indices, Sensex and Nifty, were rangebound with positive predisposition in the very early mid-day session on Tuesday sustained by buying interest in power and energy stocks.
The 30 supply S&P BSE Sensex was trading 105.79 points or 0.19 per cent higher at 57,251.01 factors at 12.02 pm versus its previous day’s close at 57,145.22 points. Turning around 4 consecutive sessions of losses, the Sensex began the day in the favourable at 57,376.52 points as well as leapt to a high of 57,704.57 points in the morning session. The marketplaces experienced marketing stress in the late early morning session sliding listed below the 57,000 factors mark. The index struck a reduced of 56,950.52 points.
The Sensex is trading in the positive after 4 straight sessions of a deep cut. The index had shed 953.70 points or 1.64 percent on Monday.
The broader Nifty 50 of the National Stock market was trading 35.30 factors or 0.21 percent greater at 17,051.60 factors against its previous day’s close at 17,016.30 factors.
The Nifty had actually sagged by 311.05 points or 1.8 per cent on Monday.
Power Grid Company jumped 1.84 percent to Rs 204.95. Hindustan Unilever climbed up 1.28 percent to Rs 2697.30. ITC climbed 1.20 per cent to Rs 336.55.
The index heavyweight Dependence Industries Limited was trading 0.78 percent greater at Rs 2396.15.
IndusInd Bank, Dr Reddy’s Laboratories, NTPC, HCL Technologies, Bajaj Finance, Nestle India as well as Infosys were among the significant Sensex gainers.
Tata Steel sagged 2 per cent to Rs 97.85. Titan dipped 1.51 percent to Rs 2614.45. Mahindra & Mahindra, Kotak Financial Institution, Maruti Suzuki, Technology Mahindra and also ICICI Bank were among the significant Sensex losers.

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