Positive global cues cause the Sensex to increase by more than 250 points, and the Nifty trades above 15,900

In response to encouraging signals from the international markets, Indian equities indexes rose in early trade on Tuesday.

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In response to encouraging signals from the international markets, Indian equities indexes rose in early trade on Tuesday. On news that the United States may reduce some tariffs on Chinese imports, Asian equities eked out a small gain while tracking U.S. stock futures. Overnight, U.S. markets were closed in observance of the Fourth of July.

Trends on the Singapore Exchange’s Nifty Futures (SGX Nifty) suggested that the domestic indices would begin the day marginally higher.

Early in the session, the broad NSE Nifty advanced 67 points or 0.42 percent to trade at 15,903, while the 30-share BSE Sensex rose 267 points or 0.50 percent to 53,501.

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Mid- and small-capitalization shares were trading strongly, with the Nifty Midcap 100 up 0.49 percent and the small-capitalization index rising 0.75 percent.

The National Stock Exchange’s 15 sector indices were all trading in the black. The NSE platform was outperformed by the sub-indices Metal, Nifty Auto, and Nifty Financial Services, which increased by as high as 1.17 percent, 0.68 percent, and 0.69 percent, respectively.

Tata Motors was the top Nifty gainer among individual stocks, up 2.49 percent to ₹418.60. Adani Ports, Coal India, Hindalco, and JSW Steel were also among the winners.

1,730 shares on the BSE were rising while 543 were falling, contributing to a positive total market breadth.

One of the top gainers on the 30-share BSE index was PowerGrid, followed by Bajaj Finserv, Kotak Mahindra Bank, Tata Steel, NTPC, Reliance Industries, UltraTech Cement, ICICI Bank, Tech Mahindra, SBI, HDFC Bank, and HDFC.

Additionally, shares of Life Insurance Corporation of India (LIC), the largest domestic financial investor and insurer in the nation, increased 1.52 percent to trade at 703.05.

Asian Paints, ITC, and Titan, on the other hand, were trading in the red.

On Monday, the Nifty climbed 83 points or 0.53 percent higher to close at 15,835, while the Sensex plunged 327 points or 0.62 percent lower to conclude at 53,235.