Tuesday Market Recap
Stock Market HIGHLIGHTS: Indian markets traded in a range on Tuesday offering buying and selling opportunities to the traders and investors. Indian frontline indices S&P BSE Sensex and NSE Nifty50 closed positive for second straight session. While Sensex finished at 60,939.23, up 372 points or 0.62 per cent, the broader market Nifty50 was trading at 18,132.30, higher by 117 points or 0.65 per cent. Banking gauge Nifty Bank was trading a 42,859.50, up by 229.35 points or 0.54 per cent.
In the 50-stock Nifty, 40 stocks advanced, 9 declined while 1 remained unchanged. The top gainers were Tata Motors, Hindalco Industries, ONGC, Tata Steel and JSW Steel while top losers were Hindustan Unilever, Apollo Hospitals, Nestle India, Mahindra & Mahindra and ITC.
Nifty FMCG was the sole loser out of 15 Nifty Sectoral Indices. The top gainers were Nifty Metal (+4.29 per cent), Nifty Realty (+1.29 per cent), Nifty Media (+1.19 per cent).
India VIX, a measure of volatility in Nifty was down 4 per cent at 15.