
New Delhi: Benchmark indices Sensex and Nifty started the day on an optimistic note on Tuesday, helped by a rally in Eternal and blue-chip bank stocks.
A largely firm trend in Asian markets also added to the equity markets' optimism during the initial trade.
From the Sensex firms, Eternal jumped 10 per cent to hit its upper circuit limit of Rs 298.30. Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed down on its bottom line.
Trent, ICICI Bank, Tata Steel, Titan, Bharat Electronics, HDFC Bank, Axis Bank and Tata Consultancy Services were also among the gainers.
In Asian markets, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng traded in positive territory while South Korea's Kospi quoted lower.
The US markets ended mostly higher on Monday.
Global oil benchmark Brent crude dropped 0.85 percent to USD 68.62 a barrel.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)