Indian markets kicked off the trading session on a positive note today, witnessing a robust uptrend primarily driven by a surge in energy stocks. However, the optimism was overshadowed by a sharp decline in Zee Entertainment shares following the announcement of Sony Corporation scrapping its plans for a $10 billion merger with the Indian broadcaster.
In the early hours of Tuesday's trading, the Bombay Stock Exchange (BSE) Sensex rose by a significant 561.13 points, reaching 71,984.78. The National Stock Exchange (NSE) Nifty also climbed 160.45 points, hitting 21,732.25. This positive momentum was primarily attributed to a surge in energy stocks, buoyed by favorable market conditions and positive sentiments.
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