Stock market update: Sensex, Nifty up; these stocks surge over 5%

NEW DELHI: Shares of Kitex Garments (up 8.73 per cent), Fortune Financial Services (India) (up 7.83 per cent), Future Market Networks (up 6.36 per cent), 3i Infotech (up 5.71 per cent) and Sterlite Technologies (up 5.05 per cent) surged over 5 per cent on NSE during Tuesday's trade.

Equity markets were in the positive territory on fresh buying by investors after a sharp drop on global crude oil prices and a strengthening rupee.

Optimism around better earnings and mixed Asian cues too influenced the sentiment here.


Select bank, auto, pharma, metal and energy stocks were catching buyers' attention.

However, losses in Hindustan Unilever, Kotak Mahindra Bank, HDFC, IndusInd Bank and Infosys were restricting the gains.

The NSE Nifty index was trading 13 points up at 10,950, while the BSE Sensex was up 33 points at 36,357 around 10:25 am.

In the Nifty index, 30 stocks were in the green, while 20 were in the red.

HPCL, Indian Oil Corporation, GAIL (India), ICICI Bank and Adani Ports & SEZ were leading among Nifty gainers.