Equity Benchmark indices closed in the green on Tuesday after retail inflation slid below the RBI's upper tolerance level of 6 percent for the first time in nearly one year in November.

The 30-index BSE Sensex surged 402.73 points or 0.65 percent to settle at 62,533.30. During the intraday day, it floated 437.35 points or 0.70 percent to 62,567.92. The broader NSE Nifty rose 110.85 points or 0.60 percent to end at 18,608.

Among the top gainers from the Sensex pack were IndusInd Bank, Bajaj Finance, Infosys, Tata Consultancy Services, HCL Technologies, Mahindra & Mahindra, Tech Mahindra, and Bajaj Finserv. However, on the other hand, among the notable laggards were Nestle India, Tata Steel, Maruti, and Titan.

International markets: Shanghai and Seoul's share markets closed lower, while Tokyo and Hong Kong's equity markets closed higher. In mid-session trades, equity exchanges in Europe were trading in the black. The American stock markets increased on Monday.

For the first time in 11 months, retail inflation in November fell below the RBI's upper tolerance target of 6 percent as a result of falling food costs.

Benchmark Brent crude for international oil prices increased 1.60 percent to $79.24 per barrel.

As per exchange data, Foreign Institutional Investors (FIIs) continued to be net sellers in the capital markets on Monday, selling shares worth 138.81 crore.

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