The Sensex and Nifty gained for the third consecutive day on Tuesday riding on upbeat cues from the global markets, coupled with a recovery in the rupee and easing crude oil prices. Gains were led by banking stocks, followed by realty, auto, pharma, IT and metals stocks.
The BSE Sensex closed Tuesday’s trade 297.38 points or 0.85% higher at 35,162.48 points, after gaining nearly 350 points to scale an intra-day high of 35,215.79 points intra-day. M&M, Adani Ports, ONGC, SBI, ICICI Bank, Axis Bank, Reliance and HDFC were among the top gainers on the Sensex index. HDFC Bank was the top drag on the Sensex index.
The NSE Nifty closed Tuesday’s trade at 10,584.75 points, up 72.25 points or 0.69%. The Nifty had reclaimed the 10,600-mark on an intra-day basis, rising to a high of 10,604.90 points. All the sectoral indices on the Nifty closed in the positive territory. Among the Nifty 50 companies, 31 stocks advanced while 19 declined, indicating a bearish market breadth.