Market Closing Updates: Key Benchmark indices the BSE Sensex and the Nifty snapped their two-day losing streak to close nearly half a percent higher Tuesday following gains in banking, metal and auto stocks.
The 30-share BSE Sensex gained 257.43 points, or 0.44 percent at 59,031.30 . The indices fluctuated between 58,172.48 and 59,199.11 throughout the course of the day.
The broader NSE Nifty rose 86.80 points or 0.50 percent to 17,577.50. The Nifty Auto index rose 1.8 percent. M&Mgained 3.8 percent, and Eicher Motors finished the day 3 percent higher. The Nifty Bank index closed the session 1 percent higher as banks increased. The Nifty IT index fell 1.7 percent, making IT equities stand out as laggards.
Mahindra & Mahindra, Bajaj Finserv, Titan, Tata Steel, State Bank of India, Kotak Mahindra Bank, Sun Pharma, and IndusInd Bank all made gains relative to the Sensex group. The top laggards, on the other hand, included HDFC Bank, Tech Mahindra, Wipro, Hindustan Unilever, Infosys, HCL Technologies, and Tata Consultancy Services.
International Markets: Markets in Seoul, Tokyo, Shanghai, and Hong Kong in Asia all finished lower. Stock markets in Europe were trading on a mixed note during mid-session deals. On Monday, Wall Street finished much lower. Crude Oil: At USD 97.85 per barrel, the international oil benchmark Brent crude was trading 1.43 percent higher. According to exchange data, foreign institutional investors (FIIs) sold shares worth 453.77 crore on Monday.
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