NSE Nifty was up 84.30 points or 1 percent at 8475.80, while BSE Sensex closed up 258.24 points or 0.9 percent at 27375.58.
HDFC Bank remained top gainer in banking space with gains recorded at 2.02% and closing at Rs 1269.80 per share.
In what can be termed as a broad-based rally, all the major sectoral indices ended in green with BSE Metal gaining the most along with BSE Auto Index.
One day before the expiry, the market remained steady throughout the day witnessing some short covering in certain stocks like Page Industries Limited.
The European markets opened in green and aided the market sentiment locally for Indian markets.
BSE Oil & Gas, BSE Capital Goods and BSE Consumer Durables all closed in green gaining more than 1% on Tuesday.
Top Sensex gainers in today’s trade were Bajaj Auto, M&M & Adani Ports with each stock gaining more than 2.5%.
Ashok Leland, Motherson Sumi and BOSCH were all up by more than 2%.
IT stocks remained weak in today’s trade with Infosys closing in red.
Sugar and Paper stocks rallied in today trade.
Movers and Shakers in Tuesday’s market
Yes Bank: – The fifth largest private bank in India traded in red even as the major private banks traded in green. The company said that it has no immediate plans to raise capital via QIP. H Auto
HDFC Bank: – The stock as the top gainer in the NIFTY Bank index due to superior set of results.
Bajaj Auto: – The stock remained top auto gainer in today’s trade.
The rupee was trading at 68.14 per US dollar.
About 1572 shares have advanced, 1153 shares declined, and 305 shares were unchanged.
Top 5 Nifty Gainers: Bajaj Auto (3.42%), Adani Ports & Sez (2.72%), BHEL (2.41%), M&M (2.27%), and HDFC Bank (2.10%).
Top 5 Nifty Losers: Bharti Airtel (-1.00%), Infosys Ltd. (-0.76%), Hind. Unilever (-0.38%), ICICI Bank (-0.12%) and Wipro (-0.10%)
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