Equity benchmark Sensex jumped 497 points on Tuesday after two days of selling, tracking gains in major indices Reliance Industries, ICICI Bank and HDFC Bank amid a positive trend in other Asian markets.
The 30-share BSE index jumped 497 points, or 0.89%, to end at 56,319.01. Similarly, the NSE Nifty rose 156.65 points or 0.94% to 16,770.85.
HCL Tech was the top gainer in the Sensex pack, rising nearly 4%, followed by Wipro, Tata Steel, Titan, Tech Mahindra and Sun Pharma.
On the other hand, Powerguard, Axis Bank, Bajaj Finance and SBI were among the losers.
Gaurav Garg, Head of Research, Capitalvia Global Research said, Indian benchmarks were positive tracking gains in other Asian markets.
“Traders took the impetus as a commerce ministry official said Indian exports showed a turnaround after December last year and are still strong,” he said.
Elsewhere in Asia, shares ended higher in Shanghai, Hong Kong, Tokyo and Seoul.
Stock exchanges in Europe were also trading on a positive note in mid-session deals.
Meanwhile, international oil benchmark Brent crude slipped 0.07% to $71.47 a barrel.
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