Sensex opens 130 points up at 39,220 on Tuesday, Nifty too opens in green
The Indian markets were trading flat in the early morning trade on Tuesday. Market benchmark BSE Sensex opened 130 points up above the 39,220-mark while the broader NSE Nifty opened in green as well. At 9.55 AM, Sensex was at around 39,100 points slightly up from Monday's closing mark while Nifty was trading just below the 11600 mark.
On Monday, Sensex skyrocketed by 1,075 points to close at more than two-month high on Monday, extending its bull run for a second straight day on the back of gains in financial, banking and FMCG stocks after the tax booster by the government.
Nifty zoomed by 326 points or 2.89 per cent to end at a two-month of 11,600.20 with 32 of its constituents closing with gains.
The 30-share Sensex soared over 1,426 points in day trade before closing higher by 1,075.41 points or 2.8 per cent at 39,090.03, a level not seen since July 17.
In the two-day rally, Sensex posted its biggest two-day gains of 2,996.56 points or 8.30 per cent, while the 50-share Nifty soared 895.40 points or 8.36 per cent.
(With PTI Inputs)