Sensex rises 69 points after gains in IT, banking and engineering stocks

Equity benchmark Sensex rose 69 points on Tuesday after gains in IT, bank and engineering stocks amid mixed global cues.

The BSE 30-share index closed 69.33 points or 0.12 per cent higher at 58,247.09. The broader NSE Nifty rose 24.70 points or 0.14 per cent to hit its fresh closing record of 17,380.

IndusInd Bank was the top gainer in the Sensex pack, rising over 4 per cent, led by HCL Tech, Bajaj Auto, Tech Mahindra, L&T and Kotak Bank.

On the other hand, Nestle India, UltraTech Cement, HUL, HDFC, Tata Steel and Bajaj Finserv were among the laggards.

Elsewhere in Asia, shares in Seoul and Tokyo ended in positive territory, while Hong Kong and Shanghai ended in the red.

Equities in Europe were trading mixed in mid-session deals. International oil benchmark Brent crude rose 0.80 per cent to $74.10 a barrel.

Foreign institutional investors (FIIs) were net buyers in the capital market as they bought shares worth Rs 1,419.31 crore on Monday, according to provisional exchange data.

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