Stock Market: Sensex Jumps 418 Points, Nifty Ends Above 18,700. All Sectors In The Green

The two key equity benchmarks, Sensex and Nifty, on Tuesday closed in the green following an ease in CPI inflation announced a day earlier. The S&P BSE Sensex scaled a high of 63,177 in late deals led by strong gains in index heavyweights – Reliance Industries (RIL), ITC, ICICI Bank and Infosys. The Sensex eventually settled with a gain of 418 points at 63,143. On the other hand, the NSE Nifty 50 hit a high of 18,729, and settled 115 points higher at 18,716.

On the 30-share Sensex platform, Asian Paints, Titan, ITC, Reliance, Tata Steel, Bajaj Finserv emerged gainers. On the downside, Kotak Bank, M&M, HCL, SBI, Tata Motors, Maruti were among the losers.

In the broader market, the BSE Midcap index rose 1 per cent and Smallcap index added 0.8 per cent.

All the sectoral indices ended in the green with realty up 3 per cent, while FMCG, pharma, metal and PSU Bank up 1 per cent each.

The overall breadth too was fairly positive, with more than 2,100 stocks advancing versus 1,450-odd declining stocks on the BSE.

In the previous session on Monday, the S&P BSE Sensex gained 99 points to 62,725, while the NSE Nifty 50 moved 38 points up to 18,600.