Nifty opens flat, holds above 19500, Sensex trades sideways; PSU banks zoom, IRFC up 13%

Indian equity indices NSE Nifty 50 and BSE Sensex opened in the green on Tuesday, extending the two-day gaining streak.

Nifty 50 held above the key 19,500, opening at 19,564.65 while Sensex commenced the session at 65,671.60. The broader markets opened in the green, following cues from the domestic benchmarks.

Nifty Smallcap 100 jumped 0.82% while the midcap index followed, adding 0.5%. Sectorally, despite Nifty PSU Bank adding 0.5%, Bank Nify traded flat. Nifty Media shone, jumping almost a percent, while Nifty Metal and Nifty IT lagged.