Share market update: Sensex, Nifty finish higher; these stocks surge over 10% on NSE
A fresh rise in the Indian rupee against the US dollar and subsiding crude oil prices too influenced market mood.
By ETMarkets.com | Updated:
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NEW DELHI: Shares of Federal Bank (up 19.29 per cent), Hindusthan National Glass & Industries (up 17.05 per cent), Prabhat Dairy (up 13.11 per cent), Fortune Financial Services (India) (up 11.28 per cent) and Corp Bank (up 10.11 per cent) surged over 10 per cent on NSE on Tuesday.
Gains in energy, bank, auto, pharma and metal stocks lifted equity benchmarks Nifty and Sensex up after their two consecutive sessions of losses.
A fresh rise in the Indian rupee against the US dollar and subsiding crude oil prices too influenced market mood.
The market rebounded a day after it was knocked down by macro woes as government data showed India's retail and wholesale-based inflation rising, raising speculations of further rate hikes by the Reserve Bank of India in its next policy meet.
The Sensex index finished 196 points, or 0.54 per cent, higher at 36,520, with 22 stocks in the green and 9 in the red.
The counterpart Nifty climbed 71 points, or 0.65 per cent, settling at 11,008, with 39 components advancing and 11 declining.
HPCL, Indian Oil Corporation, BPCL, Hindalco Industries, Axis Bank and State Bank of India emerged as the top gainers in the Nifty index on Tuesday.
Gains in energy, bank, auto, pharma and metal stocks lifted equity benchmarks Nifty and Sensex up after their two consecutive sessions of losses.
A fresh rise in the Indian rupee against the US dollar and subsiding crude oil prices too influenced market mood.
The market rebounded a day after it was knocked down by macro woes as government data showed India's retail and wholesale-based inflation rising, raising speculations of further rate hikes by the Reserve Bank of India in its next policy meet.
The Sensex index finished 196 points, or 0.54 per cent, higher at 36,520, with 22 stocks in the green and 9 in the red.
The counterpart Nifty climbed 71 points, or 0.65 per cent, settling at 11,008, with 39 components advancing and 11 declining.
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HPCL, Indian Oil Corporation, BPCL, Hindalco Industries, Axis Bank and State Bank of India emerged as the top gainers in the Nifty index on Tuesday.
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