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Markets rally for 10th session; scale fresh record highs
Axis Bank was the top gainer in the Sensex pack, rallying over 6 percent.
Highlights
- Markets posted 10th session gains.
- Axis Bank was top gainer in Sensex pack.
- ONGC was among the top laggard.
New Delhi: Markets finished at a fresh record highs on Tuesday, tracking gains in index majors.
Rallying for the 10th straight session, the 30-share BSE index staged a smart recovery to end 260.98 points or 0.54 percent higher at 48,437.78. It touched an all-time high of 48,486.24 during the day.
Similarly, the broader NSE Nifty rose 66.60 points or 0.47 per cent to settle at a new peak of 14,199.50. It scaled a record intra-day high of 14,215.60.
Axis Bank was the top gainer in the Sensex pack, rallying over 6 per cent, followed by HDFC, IndusInd Bank, TCS, Asian Paints, Titan, HCL Tech and ICICI Bank.
On the other hand, ONGC, Bajaj Finance, NTPC, M&M and Reliance Industries were among the laggards.
Elsewhere in Asia, bourses in Shanghai, Seoul and Hong Kong ended on a positive note, while Tokyo was in the red.
Stock exchanges in Europe were trading on a mixed note in early deals.
Meanwhile, the global oil benchmark Brent crude futures rose 0.69 per cent to USD 51.44 per barrel.