Indian equity indices opened with gains today, tracking American markets as investors expect a rate cut by the US Fed that further boosts market sentiment.

At 9:44 am, Sensex was up 258 points or 0.31% at 83,149 and Nifty was up 81 points or 0.32% at 25,437.

In an early trading session, Sensex and Nifty both made a new all-time high of 83,184 and 24,445.

Buying was also seen in midcap and smallcap stocks. Nifty midcap 100 index was 300 points or 0.50% at 60,334 and Nifty smallcap 100 index was 69 points or 0.36% at 19,575.

In the Sensex pack, NTPC, Axis Bank, Tata Steel, Kotak Mahindra, JSW Steel, Bajaj Finserv, L&T, Bajaj Finance, HDFC Bank, Titan and Sun Pharma were the top gainers. HUL, Nestle, TCS and HCL Tech were top losers.

Among the sectoral indices, PSU Bank, fin service, metal, realty, pvt bank and infra were major gainers. IT and FMCG were the major laggards.

Mixed trading is taking place in global markets. Tokyo, Shanghai and Hong Kong are in the red. Seoul, Jakarta and Bangkok are in green. US stock markets closed in the green on September 13.

The foreign institutional investors (FIIs) bought equities worth ₹2,364 crore on September 13, while domestic institutional investors also bought equities worth ₹2,532 crore on the same day.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

Also read:

India to add 179 million people to its working age population by 2045