Mumbai, Aug 19
The Indian benchmark indices on Tuesday opened on a positive note, amid market enthusiasm regarding the upcoming Goods and Services Tax (GST) reforms.
Sensex gained 195.01 points or 0.24 per cent in the morning session to touch 81,468, while Nifty 50 rose by 46.30 points or 0.19 per cent to 24,923.
Broad cap indices also saw buying activity. The BSE SmallCap index was up by 0.30 per cent and the BSE MidCap index advanced 0.11 per cent.
Top gainers in the Nifty pack were Bharti Airtel (up 1.76 per cent), Hero Motocorp and NTPC. Shriram Finance, Bajaj Finance, Bajaj Finserv, Maruti Suzuki, and Hindalco were among the top laggards.
Nifty Auto slipped 0.24 per cent after gaining over 4 per cent yesterday. Nifty Oil and Gas jumped 0.71 per cent. Most of the indices made moderate gains up to 0.60 per cent.
"The talks in White House indicate that there is a 'reasonable chance of ending the war', consequently leading to the elimination of secondary tariffs on India. This may turn out to be a positive from the market perspective," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.