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Sensex jumps over 150 points, Nifty retains 10,600
Investors would be keenly awaiting the release of India`s gross domestic product data for the September quarter on Friday.
New Delhi: Markets recouped their early losses on Tuesday and ended over 0.45 percent in green.
The BSE Sensex jumped 159.06 points or 0.45 percent to 35,513.14 while the NSE Nifty edged higher by 57.00 points or 0.54 percent to 10,685.60.
Investors would be keenly awaiting the release of India`s gross domestic product data for the September quarter on Friday.
The rally was led by mainly IT and banking stocks. The government's announcement of Rs 42,000 crore fund infusion in the state-owned banks by March-end kept the participants interested in buying banking stocks.T
Infosys, Reliance Industries, TCS, HDFC, HDFC Bank, Maruti, SBI, IndusInd Bank and Kotak Bank led the gains on the Sensex, rising up to 2.53 percent.
While, Sun Pharma, Hero MotoCorp, Yes Bank, Wipro, Bajaj Auto, Bharti Airtel and Tata Steel fell up to 3.34 percent.
On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 62.74 crore Monday and DIIs were net buyers to the tune of Rs 351.78 crore, provisional data available with the BSE suggested.
With Agency Inputs