Asian stocks are trading higher, continuing a global relief rally on early reports about the potential impact of Omicron.
US stocks rallied on Monday as investors shook off fears around the emerging threat of the Covid omicron variant.
Declining FII selling is likely to strengthen financials, particularly high-quality banking stocks
Bulls had an upper hand in the market as 1,602 shares advanced compared to 651 declining and 71 remained unchanged
The GST collections for the month of November came in at Rs 1.31 lakh crore making it the second-highest since implementation
Nifty Metal index surged 1.22%, the Nifty Realty index jumped 1.16% and the Nifty Auto index rose 1.01%.
Nifty Realty index skyrocketed 3.50% followed by Nifty IT index surging 1.72% and Nifty PSU Bank rallied 1.64%.
BSE MidCap index sinks 246 points or 0.99% to 24,600 while the BSE SmallCap index was trading at 27,435 diving 636 points or 2.27%.
In opening trades, Sensex nosedived 698 points or 1.19% to 58,096 while Nifty was quoting at 17,338 plummeting 197 points or 1.13%.
The Indian Navy has commissioned the Fourth Scorpene-Class Submarine i.e (INS Vela) built by Mazagon Dock Shipbuilders on 25 November 2021.