Sensex rises 200 points, Nifty tops 24,150 as RBI's liquidity measures defy weak global cues
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Indian benchmark indices Sensex and Nifty ticked higher on Tuesday, as the Reserve Bank of India's (RBI's) liquidity-enhancing measures helped counter weak global cues triggered by U.S. President Donald Trump's continued criticism of the Federal Reserve chair Jerome Powell. The BSE Sensex was up 205 points, or 0.26%, at 79,613, while the Nifty50 rose 52 points, or 0.21%, to 24,177 around 9:36 am. From the Sensex pack, Eternal, Kotak Mahindra Bank, Tata Steel, HDFC Bank, and Bajaj Finance were among the top gainers, rising up to 3.4% in early trade. In contrast, IndusInd Bank, Infosys, Power Grid, Asian Paints, and HCL Tech opened in the red. Nifty Bank stocks gained up to 1.4% after the RBI directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally accessible deposits, with a one-year compliance window — the latest move in its regulatory easing efforts. Meanwhile, IT stocks such as Infosys, HCL Tech, Wip...