Indian share markets continued their record run, registering yet another record high after recovering from the session's lows.
The BSE Sensex ended 260 points higher at 48,437while the NSE NSE Nifty 50 ended with gains of 66 points 14,199, recovering over 150 points from the day's low of 14,048.
The stocks that helped the indices gain include HDFC, TCS, Axis Bank. Bajaj Finance among others. Major gainers were AXIS BANK, HDFC, INDUSINDBK HDFC LIFE, WIPRO. Conversely, major losers were ONGC, JSWSTEEL., HINDALCO, TATASTEEL, and BAJFINANCE
Private Banks, which underperformed in Monday's trading session, gained momentum in today's session. The Nifty Bank index ended 1.6 percent higher, led by Axis Bank, which was the top gainer on the Nifty 50 index. In fact, four out of the top five gainers in today's trading session were BFSI stocks.
Most other indices recovered from the lowest point of the day. The Nifty Metal index was the only sectoral laggard, giving up 1.4 percent of Monday's gains of over 5 percent.
Broader markets moved in tandem with the benchmark indices. The midcap index ended with gains of 0.7 percent while the smallcap index rose 0.6 percent.
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