Benchmark Indices Opened Sharply Higher On Tuesday

Benchmark indices opened sharply higher on Tuesday after falling for previous four consecutive sessions, aided by positive global cues and short covering.

The 30-share BSE Sensex was up 213.48 points or 0.63 percent at 33,960.26 and the 50-share NSE Nifty gained 65.30 points or 0.63 percent at 10,424.20.

NMDC, Tata Steel, SAIL, JSW Steel, JSPL, Hindalco and Vedanta rebounded with 1-4 percent gains.

About four shares advanced for every share falling on the BSE. Nifty Midcap index was up 166 points or 0.86 percent.

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