After a promising start during the first week of the year, five of the country`s top 10 companies saw an erosion of nearly Rs 25,000 crore from their market cap, while PSU oil firm ONGC added over Rs 8,000 crore to its kitty.
The Bombay Stock Exchange benchmark
Sensex on Tuesday jumped by over 170 points, or 0.92 per cent, in
opening trade on buying by foreign funds, driven by rally on
the global bourses after positive US manufacturing data.
The Bombay Stock Exchange bellwether index Sensex skyrocketed by a hefty 539 points to close at a more-than two months high of 17,231.11, ahead of the long weekend coupled with the expiry of the derivatives contracts on December 31.
The Bombay Stock Exchange benchmark Sensex on Tuesday gained about 103 points in early trade on heavy foreign capital inflows as rise in advance tax collection indicated better earnings for the December quarter.