Sensex Climbs 497 Points, Nifty Ends Above 16,750; IT, Metal Stocks Outperform
NDTV
The Indian equity benchmarks traded higher on Tuesday led by gains in IT and metal stocks following a positive trend in global markets.
New Delhi: The Indian equity benchmarks traded higher on Tuesday led by gains in IT and metal stocks following a positive trend in global markets. The benchmark BSE Sensex rose 497 points or 0.89 per cent to close at 56,319; while the broader NSE Nifty moved 157 points or 0.94 per cent up to settle at 16,771. Both the domestic indices pared more than half of their respective gains from the day's highest levels.
Mid- and small-cap shares jumped as Nifty Midcap 100 index climbed 1.28 per cent and Nifty Smallcap 100 index surged 1.25 per cent.
On the stock-specific front, HCL Tech stood as the top Nifty gainer as the stock soared 4.32 per cent to Rs 1,210. Shares of Wipro, Adani Ports, UPL Ltd and Tata Steel also witnessed major gains.
On the flipside, PowerGrid, Axis Bank, Bajaj Finance and Cipla fell as much as 1.74 per cent.
