Sensex, Nifty, Share Prices India LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over one per cent higher in Tuesday's session as trading resumed after a three-day long holiday. The 30-share Sensex gained 358 points or 1.17 per cent to 31,030, while Nifty 50 advanced 113 points or 1.25 per cent to trade at 9,152. ITC was the top Sensex gainer with a growth of 4 per cent after the company announced to acquire spices manufacturer Sunrise Foods Private Ltd.
The FMCG giant was followed by HDFC Bank, Tata Steel, IndusInd Bank and UltraTech Cements. On the flip side, Bharti Airtel was the top Sensex laggard, down 3.5 per cent. TCS, Hero MotoCorp and M&M were among other losers on the pack. Except for Nifty IT and Nifty Media, all the sectoral indices were trading in positive territory. Nifty FMCG gained 434 points or 1.56 per cent with ITC, Godrej Consumer Properties and Britannia as top gainers.
Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt-free, according to a source aware of the development. The promoter firm Bharti Telecom plans to dilute 2.75 per cent stake with a floor price of Rs 558 per share through secondary placement.