Indian shares ended over a percent higher on Tuesday led by gains in financials, metal and auto stocks, following positive trends in Asian peers. The Sensex ended 477 points higher at 38,528 while the Nifty rose 138 points to settle at 11,385. Other Asian markets gained with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 0.19 percent.
In the domestic indices, the bank index jumped over 2 percent while the metal index added 1.7 percent. Nifty Auto was also up 1 percent and Nifty FMCG gained 0.6 percent for the day. Nifty Pharma was the only index in the red today. Broader markets were also positive with the midcap and smallcap indices up 1.3 percent and 1.6 percent, respectively.
On the Nifty50 index, Grasim, UltraTech Cement, Kotak Bank, ICICI Bank and JSW Steel were the top gainers while BPCL, Tech Mahindra, Cipla, GAIL, and HCL Tech led the losses.
Indian shares ended over a percent higher on Tuesday led by gains in financials, metal and auto stocks, following positive trends in Asian peers. The Sensex ended 477 points higher at 38,528 while the Nifty rose 138 points to settle at 11,385. Other Asian markets gained with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 0.19 percent.
In the domestic indices, the bank index jumped over 2 percent while the metal index added 1.7 percent. Nifty Auto was also up 1 percent and Nifty FMCG gained 0.6 percent for the day. Nifty Pharma was the only index in the red today. Broader markets were also positive with the midcap and smallcap indices up 1.3 percent and 1.6 percent, respectively.
On the Nifty50 index, Grasim, UltraTech Cement, Kotak Bank, ICICI Bank and JSW Steel were the top gainers while BPCL, Tech Mahindra, Cipla, GAIL, and HCL Tech led the losses.