Sensex Rises Over 200 Points, Nifty Above 15,950 Led By HDFC, Infosys

All the 11 sector gauges, barring the index of media shares, were trading higher led by the Nifty Realty index's nearly 1 per cent gain.

The Indian equity benchmarks edged higher on Tuesday led by gains in HDFC, Asian Paints, Infosys, Tata Consultancy Services and HDFC Bank defying negative cues from other Asian markets. The Sensex rose as much as 247 points to hit an intraday high of 53,197.88 and Nifty 50 index briefly moved above its important psychological level of 15,950. Asian stocks slipped on Tuesday, as the Delta coronavirus variant spread in key markets in the region and put Chinese authorities on high alert, rattling investor confidence. The market sentiment turned bullish after government data showed that Goods and Services Tax (GST) collections for July 2021 came in at Rs 1.16 lakh crore, 33 per cent more than the corresponding period of last year. As of 9:21 am, the Sensex was up 234 points at 53,185 and Nifty 50 index climbed 47 points to 15,932.