Markets like to stay firm on global support; Tata group stocks, RIL in focus
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Markets may continue to rise on Tuesday on global support while trends in SGX Nifty suggest a positive opening for the Indian benchmark equity indices. On Monday, Indian stocks scaled record highs, with the BSE Sensex closing at 47,353.75, up 380.21 points or 0.81%, and the Nifty at 13,873.20, up 123.95 points or 0.90%.
Asian shares jumped in the early deals, with Japanese stocks hitting a 30-year high, as hopes that a long-awaited US pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetite.