Sensex Snaps 3-Day Losing Run, Ends 187 Points Higher; Nifty Settles Above 17,250
NDTV
The Indian equity benchmarks on Tuesday finished in green, snapping a three-session losing streak led by strong buying interest in banking and metal stocks.
New Delhi: The Indian equity benchmarks on Tuesday finished in green, snapping a three-session losing streak led by strong buying interest in banking and metal stocks. The 30-share BSE Sensex rose 187 points or 0.33 per cent to settle at 57,809 in a volatile trading session, while the broader NSE Nifty moved 53 points or 0.31 per cent higher to close at 17,267. During the day, both the indexes swung between gains and losses before settling in the positive zone.
Mid- and small-cap shares finished on a positive note as Nifty Midcap 100 index jumped 0.70 per cent and small-cap shares moved 1.72 per cent higher.
10 out of the 15 sector gauges -- compiled by the National Stock Exchange -- settled in green. Nifty PSU Bank and Nifty Metal outperformed the index by rising as much as 0.82 per cent.
On the stock-specific front, Tata Steel was the top Nifty gainer as the stock surged 3.09 per cent to Rs 1,219.50. Cipla, Reliance Industries, Divi's Lab and Bajaj Finserv were also among the gainers. In contrast, ONGC, PowerGrid, SBI Life, Tata Consumer Products and Indian Oil Corp were among the losers.
