Oil down, stocks up
Oil down, stocks up
New Delhi: The easing Japanese crisis helped Indian stocks open positively on Tuesday. Earlier in the day Japanese officials reported that the situation in quake-hit nuclear plants is stabilizing. This lifted the sentiment in Asian stocks.
Cooling Brent crude prices also buoyed sentiment. Brent oil eased $0.13 to $114.83 a barrel. This helped benchmark Indian indices trade with gains in the morning deals.
Sensex: 17,956, +0.66%
Nifty: 5,401, +0.69%
Nikkei: 9,569, +3.94%
Topix: 865, +4.27%
All sectoral indices on the BSE are trading with gains. PSU, automobiles and real estate stocks are leading the rebound in the morning deals.
BSE PSU: 8,570, +1.15%
BSE Auto: 8,558, +1.14%
BSE Realty: 2,055, +1.04%
After losing substantial value in the last couple of trading sessions, Maruti Suzuki is leading the gains in the Nifty-50 pack.
Maruti Suzuki: 1,156, +2.51%
SAIL: ₹ 163, +2.50%
JP Associates: ₹ 84.60, +1.93%
Overall breath of the market is positive as all eyes are still tuned towards oil.
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