In opening trades Sensex rose 101 points or 0.17% to 59,107 while the Nifty 50 was trading at 17,581 higher by 19 points or 0.11%.
Investors were cautious ahead of the Federal Reserve's decision on interest rates and release of economic forecasts on Wednesday.
Sensex advanced 514.34 points or 0.88% to end at 59,005.27, while Nifty closed at 17,562.00, up 165.10 points 0.95%
Evergrande’s debt crisis has the potential to severely weaken global steel demand and induce a sharp correction in steel prices.
A credit event for Evergrande seems unavoidable, spillover into other markets depends on whether Evergrande restructures or fully liquidates.
The new change in the trade cycle, like most changes, will bring in some benefits and some challenges to face.
HCL Tech, Infosys, HUL, ITC, Bharti Airtel and TCS were the top gainers on the Sensex. Maruti, Bajaj Finserv, Axis Bank, Nestle were the laggards.
Here is the list of top stocks that could be in focus on September 21, Tuesday.
It is advisable that one should adopt an approach to hold the appreciating stock and getting rid of falling knives
At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 244.52 points or 0.41% at 58,771.37.