Buoyed by positive global cues and reassurance by Prime Minister Narendra Modi that India would get its growth back, headline indices BSE Sensex and Nifty 50 posted decent gains on Tuesday. Indian share market shrugged off the Moody’s credit rating downgrade and traded higher throughout the session. In the intraday session, Sensex hit the day’s high of 33,866, while the broader Nifty 50 index touched 9,995.66. Among top Sensex gainers were Bajaj Finance, Kotak Mahindra Bank, IndusInd Bank, HDFC and Axis Bank. While the pack of losers were led by Maruti Suzuki which included ITC, NTPC, Nestle India, Hero MotoCorp and Bharti Airtel.
Sensex gains 32% from March lows: With today’s gains, the 30-share index Sensex is up 32 per cent from its March low of 25,639. While the broader Nifty 50 index gained 33 per cent from its 52-week low of 7,511.
