NSE’s Nifty50, on the other hand, managed to hold the 15,300 level and finished at 15,313, down 1.25 points or 0.01 percent. The index hit a new all-time high of 15,432 this morning.
PowerGrid, ONGC, NTPC, Kotak Mahindra Bank, Maruti Suzuki and Reliance Industries, with an increase of between 1% and 6%, were the main winners of the Sensex, while Tata Steel, Hindalco and Adani Ports were the additional winners of the Nifty. index. On the downside, Axis Bank, ICICI Bank, Infosys, Eicher Motors, SBI, HUL, and TCS all suffered losses on these indices.
The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 percent and 0.43 percent, respectively.
On the sector front, the Nifty IT index turned out to be the worst performer, dropping 1.6% at the close. Other than that, the Nifty Bank index (down 0.8%) and the Nifty Private Bank and FMCG indices (down 0.7% each) were the other losers. By contrast, the Nifty Metal Index finished 3% higher today.
Global markets
Asian stocks rallied on Tuesday, setting the stage for global stocks to extend their bull run for the twelfth consecutive session. MSCI’s broader index of Asia-Pacific stocks outside of Japan soared 0.62%, while Japan’s Nikkei rose 1.4% to a 30-year high.
In Hong Kong, the Hang Seng Index rose 1.4 percent to hit a 32-month high, while Australia’s S & P / ASX200 gained 0.7 percent on the session.
In Europe, the pan-European STOXX 600 was up 0.2% while Germany’s DAX was flat.
(With input from Reuters)
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