Sensex, Nifty hit lifetime highs on early trade: Infosys down 1.3%:
Sensex and Nifty started the holiday-shortened week on a positive note in the opening trade, led by gains in shares of TCS and metal and mining companies. BSE Sensex reached its peak high of 34005.37 and Nifty reached at 10,500 l in early trade.
However, in the after hours the indices were trading lower.
The broader markets were also supported by positive footing in shares of GAIL India, Vedanta Ltd, ONGC rising up 0.7 to 1.1%.
Shares of Infosys’ down 1.3%, on Nifty50, while shares of Tata Consultancy Service rose 1.5% in early trade after a report said the company will renew large outsourcing contracts.
The Indian rupee opened marginally higher at 64.03 per dollar on Tuesday against 64.05 on Friday.
• Welspun Corp receives an order for the supply of 1.24 lakh MT pipes.
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