Closing Bell: Sensex Closes 292 Points Higher, Nifty Ends Above 11,400

The Sensex on Tuesday closed on a positive note driven by the buying interest in banking, auto and fast-moving consumer goods shares. The Sensex rose 291.62 points, or 0.76 per cent, to close at 38,506 and the broader NSE Nifty 50 index advanced 87.15 points, or 0.77 per cent to settle at 11,428. It hit an intra-day high of 38,635.19 and a low of 38,238.27. 

According to a report of PTI, the prominent gainers in the Sensex pack included Vedanta, M&M, ONGC, Hero MotoCorp, and Maruti, rising up to 3.79 per cent. On the other hand, Bharti Airtel, Infosys, Tata Motors, HCL Tech, and Tech Mahindra fell up to 2.53 per cent. 

In the meantime, the Indian rupee depreciated 24 paise to 71.48 against the US dollar intra-day. Brent crude futures, the global oil benchmark, fell 1.75 per cent to USD 58.31 per barrel. 

Earlier, in the morning, BSE Sensex rose over 100 points led by gains in index heavyweights HDFC twins, HUL, TCS and RIL, amid sustained foreign fund inflow. The 30-share index was trading 101.53 points, or 0.27 per cent, higher at 38,316 at 0930 hours. Similarly, the broader NSE Nifty rose 25.75 points, or 0.23 per cent, to 11,366.90. 

Also Read: Indian Markets: Sensex Jumps Almost 200 Points In Early Trade, Nifty Nears 11,400-Mark

On Monday, the BSE barometer ended 87 points, or 0.23 per cent, higher at 38,214.47, and the Nifty rose 36.10 points, or 0.32 per cent, to end at 11,341.15. Among other prominent gainers were Bharti Airtel, IndusInd Bank, Sun Pharma, Axis Bank, Maruti Suzuki, Bajaj Auto and TCS. Whereas, Infosys was the top laggard on the index, shedding 3.68 per cent, after the company reported a 2 per cent decline in its consolidated net profit for the July-September quarter.