Ways2Capital Morning Update : Nifty Opens Above 9700 For First Time, Sensex Gains 100 pts

Equity benchmarks started off Tuesday's session on a strong note, with the Nifty hitting 9,700 level for the first time and the Sensex also at record high in early trade but could not hold all gains.

The 30-share BSE Sensex rose 101.24 points to 31,410.73 and the 50-share NSE Nifty was up 26.10 points at 9,701.20.

SBI, TCS, Tata Motors, Axis Bank, Infosys, HCL Technologies and Aurobindo Pharma were lead gainers in early trade while Bharti Airtel and ONGC were losers.

Asian markets were in the doldrums today, following the lower close on Wall Street and as markets digested the impact of diplomatic tensions between Qatar and other Middle Eastern nations. Japan's benchmark Nikkei 225 index declined 0.52 percent.

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