Sensex Rises Over 150 Points, Nifty Trades Above 16,250

Indian equity benchmarks on Tuesday traded higher in opening deals led by gains in metal, financial and automobile stocks.

Indian equity benchmarks on Tuesday traded higher in opening deals led by gains in metal, financial and automobile stocks. Asian shares rose today from close to two-year lows hit in the previous session ahead of the U.S. inflation data.

Overnight, Wall Street was mixed as the Nasdaq rose 0.98 per cent and the S&P 500 gained 0.25 per cent, but the Dow Jones Industrial Average fell 0.26 per cent.

Back home, the 30-share BSE Sensex climbed 180 points or 0.33 per cent to 54,545 in early trade, while the broader NSE Nifty moved 33 points or 0.20 per cent up to trade at 16,273.