Markets extend previous day gain in early trade

The BSE Sensex climbed 320.69 points to 59,566.67 in early trade

Benchmark indices started the trade on a positive note on Tuesday, extending their previous day gain in line with the strength in majority of Asian markets and buying in index major Reliance Industries.

The BSE Sensex climbed 320.69 points to 59,566.67 in early trade. The NSE Nifty went higher by 98.85 points to 17,764.65.

From the Sensex pack, Power Grid, NTPC, Bharti Airtel, Reliance Industries, Titan, Maruti, HDFC Bank, Hindustan Unilever and Bajaj Finance were among major gainers in initial trade.

In contrast, Kotak Mahindra Bank, Nestle, Tech Mahindra, Wipro, Sun Pharma, Tata Consultancy Services, HCL Technologies and Bajaj Finserv were among laggards.

Elsewhere in Asia, markets in Seoul, Tokyo and Shanghai were trading in the green, while Hong Kong quoted lower in mid-session deals.

The U.S. markets were closed on Monday.

The BSE benchmark jumped 442.65 points or 0.75% to settle at 59,245.98 on Monday. The Nifty advanced 126.35 points or 0.72% to 17,665.80.