Despite rise in Covid-19 cases the world over, domestic indices Sensex and Nifty rose as investors appeared to have traded without any fear for the third day in session on Tuesday.
The 30-share pack Sensex jumped 672.71 points or 1.14 per cent to close at 59,855.93 while its broader peer Nifty rose 179.55 points or 1.02 per cent to end at 17805.25.
The equity Investors grew their wealth by Rs 1.87 lakh crore as BSE market cap climbed to Rs 271.13 lakh crore.
Lemon Tree gained 2 per cent after Goldman Sachs acquired shares. Tata Motors fell 2 per cent after CLSA downgraded to “sell.” Marico shed 2 per cent as Q3 revenue was hurt by slowing consumption. India VIX, barometer of volatility dipped 2 per cent to 16.12. Vedanta dropped 5 per cent after reporting Aluminium production figures.
Among the top companies, NTPC was the topmost gainer rising 5.16 per cent followed by ONGC, SBI, Power Grid, Reliance Industries, Titan, Bajaj Finance HUL, Axis Bank and Grasim Industries.
Among the losers, Tata Motor figured as the topmost in the Nifty pack, falling 1.66 per cent. Coal India, Tata Consumer, Sun Pharma, Shree Cements, Ultra Tech Cement and IndusInd Bank went in the Red.
Market breadth was in favour of the gainers as 1892 stocks ended in the green while 1489 others settled with cuts.
