Sensex, Nifty end higher as financial heavyweight stocks gain

The blue-chip NSE Nifty 50 index closed 0.95% higher at 15,098.4, while the benchmark S&P BSE Sensex was up 1.16% at 51,025.48.

Indian shares closed higher on Tuesday, driven by strong gains in heavyweight financial stocks, as a pullback in bond yields globally sharpened investors' appetite for riskier assets. The blue-chip NSE Nifty 50 index closed 0.95% higher at 15,098.4, while the benchmark S&P BSE Sensex was up 1.16% at 51,025.48. Worries about rising U.S. Treasury yields and outflows of foreign funds had last week tempered a rally in Indian stocks fuelled by positive economic growth data and progress in the country's vaccination campaign.