Benchmark Indices rise 2 per cent In the wake of strong Global cues

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Domestic Indices rose by 2 per cent on Tuesday amidst positive Global cues with BSE’s Sensex and NSE’s Nifty regaining the 58,000and 17,000 marks respectively.

The stocks of IndusInd Bank, Bajaj Finance and Adani Ports led the gains. All the. Indices ended in the green with Bank, IT and Metal rising the most.

Asian Markets also did well on Tuesday. Japan’s Nikkei gained around 3 per cent while European Markets were trading in the green in today’s session. South Korean shares rose more than 2 per cent while China and Hong Kong markets were closed on Tuesday, being a holiday.

The Indian benchmark indices rose with TCS, HDFC Bank and Reliance Industries gaining the most amidst strong global cues.

BSE’s Sensex rose 1275 points to close at 58,065 while Nifty added almost 400 points to end at 17,280.

All the indices gained on Tuesday with Bank, Finance and Metal making the most. Pharma and Healthcare, however, ended with a gain of less than one per cent.

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