Equity benchmarks hit fresh record high again in opening on Tuesday, with the Sensex trading above 34,400 level.

BSE Sensex trades higher by 50 points, while the Nifty 50 trades above 10,600. Here are the latest updates

The benchmark indices, Sensex and Nifty, extended Monday’s gains to hit new record highs in the opening trade on Tuesday, only to trade flat soon after. BSE Sensex rose 134 points to touch a new high of 34,487.52, while NSE Nifty rose 35 points to hit an all-time high of 10,659.15. The Indian rupee was trading marginally higher against US dollar in the opening trade. Here are the latest updates from the markets.

9:50 am Benchmark as well as broader indices turned volatile after hitting record highs in opening as investors await December quarter earnings season that will be kicked off by TCS, Infosys and IndusInd Bank later this week.

The 30-share BSE Sensex was up 28.45 points at 34,381.24 while the 50-share NSE Nifty fell 8.40 points to 10,615.20.   About 1,157 shares declined against 998 advancing shares on the BSE.

Coal India extended gains to 7 percent in morning on revision in non-coking coal prices.

9:41 am State-owned Nalco announced formulation of a long-term corporate plan, which envisages the aluminium maker to reach a turnover of Rs 31,248 crore and a PAT of Rs 3,010 crore by 2032.

9.38 am

BSE Sensex traded higher by 74.17 points, or 0.22%, to 34,426.96, while the Nifty 50 rose 14.90 points, or 0.14%, to close at 10,638.50.

source: moneycontrol.com