Sensex jumps 777 points, Nifty ends marginally above 17,200
Benchmark indices rose on Tuesday after falling in the past two sessions, with the Sensex rising nearly 777 points, helped by buying in major Reliance Industries and recovery in global markets.
The 30-share benchmark of BSE closed at 57,356.61, up 776.72 points or 1.37 per cent. During the day, it closed at 57,442.24, up 862.35 points or 1.52 per cent. The broader NSE Nifty ended 246.85 points or 1.46 per cent higher at 17,200.80.
In the 30-share Sensex pack, PowerGrid, Titan, M&M, IndusInd Bank, Bajaj Finance, Reliance Industries, Larsen & Toubro, SBI, Bharti Airtel and HUL were among the major gainers. In contrast, Axis Bank, Asian Paints, Maruti and TCS closed in losses.
Elsewhere in Asia, markets in Tokyo, Hong Kong and Seoul closed in the green, while Shanghai ended lower. European markets were also trading in the green in the afternoon session. Shares in the US closed with gains on Monday.
Meanwhile, international oil benchmark Brent crude fell 0.75 per cent to $101.55 per barrel.
Foreign institutional investors continued selling shares worth a net Rs 3,302.85 crore on Monday, according to stock exchange data.