On Tuesday, Indian equity indexes rose again, powered by gains in information technology firms. The 30-stock BSE Sensex rose 221 points, or 0.37 percent, to 60,616, while the wider NSE Nifty rose 52 points, or 0.29 percent, to 18,056. Both indices gained for the third consecutive session.
Mid- and small-cap stocks finished slightly higher, with the Nifty Midcap 100 index up 0.09 percent and the Nifty Smallcap 100 index up 0.06 percent, respectively.
Out of the 15 sectors compiled by the The National Stock Exchange, eight of them ended the day in the green. The Nifty IT index outpaced the index by 1.03 percent. On January 12, IT behemoths Tata Consultancy Services, Wipro, and Infosys will kick off the third-quarter (Q3) results season.
On a stock-by-stock basis, HCL Tech was the highest Nifty gainer, rising 4.49 percent to Rs. 1,346. The gainers included Adani Ports, HDFC, Tech Mahindra, and ONGC. JSW Steel, Tata Steel, BPCL, Hindalco, and Coal India, on the other hand, were among the laggards.