Indian Markets gained for fifth straight session on Tuesday - LuvKush Finserve

Markets gained for the fifth straight session on Tuesday, amid firm global cues, with FMCG majors ITC and Hindustan Unilever leading the gains. The Sensex gained 0.8% or 166 points to close at 20,325 and the Nifty gained nearly 0.8% or 46 points to end at 6,078.

The broader markets had a flat session with the smallcap index closing with a negative bias at 5,682 and the midcap index edged higher by 0.1% to end at 5,999. The rupee gave up all gains to trade flat for the day at 59.72 as there are no fresh dollar inflows into the market, traders say.

All the sectoral indices closed in the green with Consumer Durables index leading gains, up nearly 4%. The other gainers were FMCG, Realty, Bankex, PSU, Metal, Oil & Gas and Power indices gaining 0.5-1.5%.

The top gainers among the Sensex-30 were Hindustan Unilever, BHEL, Mahindra & Mahindra, SBI, Sterlite, ITC and Dr Reddys Lab gaining 2-3%. ICICI Bank, ONGC, Tata Power,Infosys and Hindalco up 0.8-1.55 were the other notable gainers. Among the ones in the red were Wipro and Bharti Airtel losing 2% each followed by Coal India, Cipla, Jindal Steel, Bajaj Auto, Hero MotoCorp, Sun Pharma and HDFC down 0.2-0.6%.

Source : Equity Bulls

Keywords