The Sensex provisionally settled above the psychological 28,000 mark after reclaiming that level in the opening trade. The Sensex hit its highest level in more than thirteen months in late trade. The Nifty hit its highest level in more than sixteen months in late trade.
Finally, the BSE Sensex ended with a gain of 440 points at 28,343. The BSE Sensex opened at 28,102 touched an intra-day high of 28,478 and low of 28,011.
The NSE Nifty closed with a gain of 137 points at 8,744. The NSE Nifty opened at 8,647 hitting a high of 8,751 and low of 8,642.
However, as the day progressed, a sudden bout of buying in the auto, IT, banking, capital goods, energy, metal, oil & gas, banking and finance stocks lifted the benchmarks. On the other hand, telecom ended in red.
Among the 50-stocks of Nifty, Ambuja Cement, Bosch, Grasim, ACC, Eicher Motors, Hindalco and Tech Mahindra were among the gainers on NSE, whereas Bharti Airtel, Idea Cellular, Zee and BHEL were among the losers today.
The India VIX (Volatility) index was down 1.10% at 13.02. Out of 1,534 stocks traded on the NSE, 520 declined and 925 advanced today. The BSE Midcap and Smallcap indices ended up 0.80%-1%.
The rupee was trading up 11 paise at 67.06 per US dollar.
On the global front, Asian stocks closed on a mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed higher. Nikkei 225 closed in red.
In Europe, the FTSE 100 was trading up 0.31%. DAX and the CAC 40 were trading lower by 1% each.
Bharti Airtel dropped 3% after announcing up to 80% reduction in its 3G and 4G mobile data packs.
Maruti Suzuki India ended higher by 2.8% at Rs.5069 on the BSE. Maruti Suzuki India Limited, India's leading passenger vehicle manufacturer, today launched the sporty, Swift Deca, a limited edition model of its most popular hatchback. A wide array of features including touch screen multimedia system with Bluetooth, exterior styling kit, sporty body graphics, football themed seat covers and interior styling kit make the Swift Deca even more attractive.
Ramky Infrastructure soared 4.5% to Rs.78.20 after winning NHAI contracts worth Rs.1,646 crore for developing two highway projects in Jharkhand.
Mandhana Industries shares locked up in upper circuit for seventh straight day, after rising by their maximum daily limit of 5%. Strong buying has been witnessed in Mandhana Industries since the textile company last week disclosed that it has finalised an agreement with actor Salman Khan's 'Being Human' Foundation to sell products under the 'Being Human' brand.
eClerx Services erased all its early gains and closed lower on Tuesday as weak Q1 earnings and softer revenue and margin guidance weighed on its shares. eClerx shares had jumped as much as 10 per cent in the morning trade on share buyback approval.
Gujarat Mineral Development Corporation Ltd climbed 8.3% to Rs.98.15. The company reported a 56% growth in profit for the first quarter of financial year 2016-17.
Artson Engineering rallied 4.5% after it bagged an order worth Rs.24.43 crore from Mumbai Aviation Fuel Farm Facility (MAFFFPL) for design, fabrication, erection and testing of five fixed cone roof storage tanks.
Finally, the BSE Sensex ended with a gain of 440 points at 28,343. The BSE Sensex opened at 28,102 touched an intra-day high of 28,478 and low of 28,011.
The NSE Nifty closed with a gain of 137 points at 8,744. The NSE Nifty opened at 8,647 hitting a high of 8,751 and low of 8,642.
However, as the day progressed, a sudden bout of buying in the auto, IT, banking, capital goods, energy, metal, oil & gas, banking and finance stocks lifted the benchmarks. On the other hand, telecom ended in red.
Among the 50-stocks of Nifty, Ambuja Cement, Bosch, Grasim, ACC, Eicher Motors, Hindalco and Tech Mahindra were among the gainers on NSE, whereas Bharti Airtel, Idea Cellular, Zee and BHEL were among the losers today.
The India VIX (Volatility) index was down 1.10% at 13.02. Out of 1,534 stocks traded on the NSE, 520 declined and 925 advanced today. The BSE Midcap and Smallcap indices ended up 0.80%-1%.
The rupee was trading up 11 paise at 67.06 per US dollar.
On the global front, Asian stocks closed on a mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed higher. Nikkei 225 closed in red.
In Europe, the FTSE 100 was trading up 0.31%. DAX and the CAC 40 were trading lower by 1% each.
Bharti Airtel dropped 3% after announcing up to 80% reduction in its 3G and 4G mobile data packs.
Maruti Suzuki India ended higher by 2.8% at Rs.5069 on the BSE. Maruti Suzuki India Limited, India's leading passenger vehicle manufacturer, today launched the sporty, Swift Deca, a limited edition model of its most popular hatchback. A wide array of features including touch screen multimedia system with Bluetooth, exterior styling kit, sporty body graphics, football themed seat covers and interior styling kit make the Swift Deca even more attractive.
Ramky Infrastructure soared 4.5% to Rs.78.20 after winning NHAI contracts worth Rs.1,646 crore for developing two highway projects in Jharkhand.
Mandhana Industries shares locked up in upper circuit for seventh straight day, after rising by their maximum daily limit of 5%. Strong buying has been witnessed in Mandhana Industries since the textile company last week disclosed that it has finalised an agreement with actor Salman Khan's 'Being Human' Foundation to sell products under the 'Being Human' brand.
eClerx Services erased all its early gains and closed lower on Tuesday as weak Q1 earnings and softer revenue and margin guidance weighed on its shares. eClerx shares had jumped as much as 10 per cent in the morning trade on share buyback approval.
Gujarat Mineral Development Corporation Ltd climbed 8.3% to Rs.98.15. The company reported a 56% growth in profit for the first quarter of financial year 2016-17.
Artson Engineering rallied 4.5% after it bagged an order worth Rs.24.43 crore from Mumbai Aviation Fuel Farm Facility (MAFFFPL) for design, fabrication, erection and testing of five fixed cone roof storage tanks.
