Equity Benchmark indices extended positive momentum for the second consecutive session Tuesday, with the Nifty closing a percent higher on short covering ahead of expiry of January derivative contracts tomorrow and ahead of Union Budget that will be presented on February 1
The BSE Sensex rallied 258.24 points to 27375.58, the highest level since November 10, 2016. The NSE Nifty gained 84.30 points at 8475.80, led by HDFC Group, auto, infra and oil stocks.
About 1582 shares advanced against 1147 declining shares on the BSE. The Indian Rupee Closed higher by 5 paise 68.15 per Dollar.
Experts expect the market to move up gradually amid consolidation, especially ahead of Union Budget that will be presented on February 1.
Top Gainers: Bajaj Auto, M&M, BHEL, Adani Ports, Coal India
Top Losers: Bharti Airtel, Infosys, HUL,ICICI Bank
Top Losers: Bharti Airtel, Infosys, HUL,ICICI Bank
