Stock Market Opening Bell: Sensex opens above 81,000, Nifty nears 24,900; markets rise for 5th session

Stock Market Opening Bell: Indian stock markets opened on a strong note on Tuesday, extending gains for the fifth consecutive session. The BSE Sensex was trading at 81,121, up 333 points or 0.41 per cent, while the NSE Nifty50 rose 81 points or 0.33 per cent to 24,855 in early trade.

Today also marks the second weekly expiry for the Nifty index after the NSE shifted the weekly contracts from Thursdays to Tuesdays starting this month.

In the broader market, the Nifty MidCap index edged higher by 0.28 per cent, while the Nifty SmallCap index rose 0.32 per cent.

Sector-wise, the Nifty IT index led the gains, advancing 2 per cent, powered by a nearly 3 per cent jump in Infosys shares.