Sensex, Nifty open in warm note; Yes Bank rallyes 5 pc

Mumbai, November 5 () The BSE Sensex reference market withdrew from its record high in the first operations on Tuesday when investors posted gains amid positive signals from global stocks.

After increasing more than 165 points in the opening session, the 30-share index reduced all earnings to trade 41.28 points, or 0.10 percent, to 40,260.68.

Similarly, the broader NSE Nifty fell 13.60 points, or 0.11 percent, to 11,927.70.

The main losers in the Sensex package included Sun Pharma, TCS, Kotak Bank, Infosys, Tata Steel and HUL, losing up to 1 percent.

On the other hand, Yes Bank was the biggest winner, with more than 5 pcs, followed by Hero MotoCorp, Tata Motors, SBI, Bajaj Finance and Bajaj Auto, which rose to 2 percent.

In the previous session, the Sensex of 30 shares rose 136.93 points, or 0.34 percent, to end at a record high of 40,301.96. The seven-session winning race is also the best since mid-March for Sensex. The index also reached its all-time high during the day of 40,483.21.

The broader NIF NSE also advanced 50.70 points, or 0.43 percent, to close at 11,941.30.

Foreign institutional investors (FII) downloaded shares worth Rs 138.53 million on the capital market on Tuesday, while domestic institutional investors sold shares worth Rs 500.24, according to data available in stock.

According to the operators, the benchmark indexes remained unchanged as investors began to reserve profits at higher levels.

Globally, the stock exchanges in Shanghai, Hong Kong, Tokyo and Seoul were traded higher for optimism about the trade agreement between the United States and China.

Actions on Wall Street also ended higher on Monday.

On the front of the currency, the rupee appreciated 4 increases against the US dollar to trade at 70.73 at the beginning of the session. Brent futures, the world benchmark for oil, rose 0.05 percent to USD 62.16 per barrel. ANS ANS

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