Domestic shares end higher as banks, metal stocks gain

The NSE Nifty 50 index closed 1.16% up at 14,653.05, while the S&P BSE Sensex added 1.15% to end at 48,944.14.

Indian shares closed higher on Tuesday, boosted by gains in banks and metal stocks, as investors looked ahead to a slew of blue-chip corporate earnings later this week. The NSE Nifty 50 index closed 1.16% up at 14,653.05, while the S&P BSE Sensex added 1.15% to end at 48,944.14. The two indexes have retreated 5.0% and 6.8% from record highs hit in February as domestic COVID-19 cases have continued to surge. The country reported 323,144 new cases on Tuesday, the sixth consecutive time new daily cases crossed the 300,000-mark.