The market gained strength in last hour of trade after consolidation on Tuesday, with the Nifty closing above the psychological 8900-mark driven by banks on Axis Bank merger talks and Reliance Industries post Jio tariff plans. The Sensex gained 100.01 points at 28761.59, continuing uptrend for the fourth consecutive session. The NSE Nifty rose 28.65 points to 8907.85, the highest closing level since September 8, 2016.
In Broader markets outperformed the major indices in Tuesday’s trading session. The BSE Small Cap hiked 62 points at 13651, The BSE Mid-Cap jumped up 71 points at 13585. In Commodity market, Gold lost 184 points to 29,119 and Silver dropped 374 points to 42,526.
Movers And Shakers Of The Day:
Raymond Limited closed at Rs 570.35 per share, up by Rs 67.45 per share or 13.41%.
Man Industries (India) Ltd. closed at Rs 51.35 per share, up by Rs 5.65 per share or 12.36.
Bharti Airtel closed at Rs 360.55 per share, down by Rs 15.10 per share or 4.02%
