Equity benchmark Sensex closed on a flat note after scaling the 53,000 mark on Tuesday as investor sold shares at higher levels. Having touched a lifetime intra-day high of 53,057.11, the BSE Sensex settled just 14 points higher at 52,588.71, while the NSE Nifty rose 26 points to 15,772.75.
Maruti Suzuki was the top gainer in the Sensex pack, rallying over 5%, today after the company decided to hike vehicle prices in the July-September quarter to pass on higher input costs. Other major gainers were Larsen and Toubro, UltraTech Cement, TCS and Titan Company. On the other hand, Asian Paints, Bajaj Finance, Nestle India and HUL were among the laggards. Among the Nifty sectoral indices, weakness was seen in the realty, private bank, FMCG and financial service sectoral stocks..
Gold Prices: Gold rates surged over Rs 47,000-mark on Tuesday. On the MCX, gold futures climbed 0.19 percent at Rs 47,165 for 10 grams. Silver continued to slump even on Tuesday.
Rupee: Indian rupee extended the early losses and clsoed near the day's low at 74.36, amid volatile trade saw in the Indian equity market. It opened marginally lower at 74.16 per dollar against the previous close of 74.10 and traded in the range of 74.05- to 74.40.