Indian bourses rallied for the third consecutive session on Tuesday as equity benchmark indices Sensex and Nifty stayed in the green on continued foreign fund inflows.
The 30-pack Sensex soared by more than 381 to 84,447.37 in morning trade. Meanwhile, the Nifty 50 jumped by around 111 points to 25,978.90.
Eternal, Tata Steel, Mahindra & Mahindra, Maruti Suzuki, Tech Mahindra, and TCS were the major gainers in the Sensex.
Bajaj Finance consistently was in the red, along with laggards such as Asian Paints, Adani Ports, HCL Technologies, and Indigo.
The news of interim trade framework between India and the US, along with consistent FII inflows, seems to have lifted investor sentiment. On Monday, FIIs bought equities worth Rs 2,254.64 crore.
Major Asian indices such as Nikkei 225, Hang Seng, Kospi were trading higher too.
The one thing, however, that could sway the prevailing sentiment was the upcoming announcement of January jobs data and the CPI inflation numbers this week.