LIVE: Sensex Up Over 100 Points, Nifty Below 7,850


MUMBAI: 9.48 am - Sensex was up 113 points at 25,854. Among the sectoral indices on the Bombay Stock Exchange, the BSE Realty and the BSE Metal index were up 1.94 percent and 1.20 percent at 1,180.85 and 6,950.85

9.43 am: Benchmark indices pare some of their initial gains. Sensex and Nifty were up 43 points and 7.95 points at 25,784 and 7,817.

9.33 am: The BSE Midcap index was up 131.83 points or 1.27 percent at 10,487. The BSE Smallcap index was up 128.59 points or 1.21 percent at 10,716.49. Both these indices outperformed the Sensex.

Sensex was up 183.49 points at 25,925.

9.29 am: The market may remain volatile in the near future as traders roll over positions in the futures & options (F&O) segment from the near month August 2015 series to September 2015 series. The near month August 2015 derivatives contracts are set to expire on Thursday.

9.22 am: Sensex was up over 300 points at 26,096. In overseas markets, barring China, all other Asian stocks were trading higher.

Shanghai Composite index was down 4.33 percent at 3,071.06

9.18 am: The BSE Sensex and NSE Nifty were up 272.67 points and 80.40 points at 26,014.23 and 7,899.40. All the sectoral on the BSE were in green.

Rupee was up around 59 paise at 66.43 against dollar.

The key bechmark indices opened in green on Tuesday tracking SGX Nifty. The BSE Sensex and NSE Nifty opened 174.70 points and 86.4 points higher at 25,916.26 and 7,895.40, respectively.

On Monday, the 30-share Sensex and 50-share Nifty index tumbled around 6 percent at 25741.56 and 7,809. The sharp fall was led by a global sell-off triggered by concerns over the slowdown in the Chinese economy and fears of a currency war led by the yuan devaluation.

 Global Markets

New York: U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China’s economy, sold heavily in an unusually volatile session that confirmed the benchmark S&P 500 was formally in a correction.

The Dow Jones industrial average briefly slumped more than 1,000 points – its most dramatic intraday trading range ever – with key component Apple falling heavily only to claw back but end down 2.5 percent.

London: Britain’s top share index slumped to its lowest level in almost three years on Monday, with all stocks but one in the red and miners leading the slide on growing fears of a China-led global economic slowdown.

Tokyo: Japan’s Nikkei share average changed course in extremely volatile trading and rose on Tuesday morning after solid U.S. stock futures eased concerns a global stock rout rooted in China worries would continue.

Hong Kong: The Hang Seng Index was up 1.43 percent.

Source: PTI