Equity indices rose in early trading on Tuesday, driven by buying in blue-chip stocks like HDFC Bank and ICICI Bank, alongside steady foreign fund inflows. The BSE Sensex surged 376.38 points to 73,879.02, while the Nifty climbed 85.55 points to 22,418.20. Major gainers among Sensex firms included TCS, HDFC Bank, Reliance Industries, Axis Bank, ICICI Bank, IndusInd Bank, Infosys, Larsen & Toubro, and Bharti Airtel. However, concerns over corrections in the small-cap segment persist due to frothy valuations, with regulatory actions anticipated. In global markets, Hong Kong and Seoul traded higher, while Tokyo and Shanghai were in negative territory. US markets closed mixed on Monday. Foreign Institutional Investors (FIIs) bought equities worth Rs 4,212.76 crore on Monday, according to exchange data.
Equity Indices Surge in Early Trade Amid Blue-Chip Buying and Foreign Inflows
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