Stock Market Live Updates: Sensex and Nifty hold steady; Nifty IT stocks jump nearly 1%

Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened higher on Tuesday as investors engaged in profit-taking after reaching record highs in the previous session. At 10.10 a.m., the 30-share Sensex surged by 150.18 points to 84,449.96, while the Nifty 50 index increased by 26.80 points to settle at 25,837.65. Following a 1.5% decline over the last two sessions of September, triggered by profit booking after a six-day rally, market sentiment is cautiously optimistic. Internationally, Wall Street closed slightly higher in a volatile trading session, while Asian markets experienced a pause with the MSCI Asia ex-Japan index slipping 0.1%. Attention is now on the auto sector as vehicle manufacturers prepare to release their September sales data, a crucial indicator of private consumption in India, which significantly contributes to the nation’s GDP. Recent exchange data revealed foreign investors net sold shares worth ₹9,792 crore, contrasting with ₹6,646 crore in purchases by domestic investors.