Nifty, Sensex open positive amid supportive global cues and FPI inflows, PSU banks, pharma stocks lead

The benchmark indices opened in the green. The Nifty 50 index opened at 25,922.65, registering a gain of 55.35 points or 0.21 per cent, while the BSE Sensex opened at 84,210, up by 144.25 points or 0.17 per cent.

The share market in the country witnessed a turnaround with a positive opening continuing on Tuesday, as foreign inflows returned to domestic markets and investor sentiment remained upbeat.

The benchmark indices opened in the green. The Nifty 50 index opened at 25,922.65, registering a gain of 55.35 points or 0.21 per cent, while the BSE Sensex opened at 84,210, up by 144.25 points or 0.17 per cent.

Market experts said the positive opening was supported by renewed buying from foreign portfolio investors and strength across broader market indices.

Ajay Bagga, Banking and Market Expert, told ANI, “The Indian stock futures are pointing to a positive start, which could see further consolidation as FPIs have turned net buyers in February. Broader Indian indices outperformed the mainboard indices.