Sensex breaks 5 day path, rebounds 367 points

Maruti was the top gainer in the Sensex pack, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.

Equity benchmark Sensex jumped 367 points on Tuesday, breaking its five-session losing streak, led by strong gains in Maruti, Axis Bank and SBI amid support in European equities.

The BSE gauge closed 366.64 points or 0.64% higher at 57,858.15. Similarly, the NSE Nifty closed 128.85 points or 0.75% higher at 17,277.95.

Maruti was the top gainer in the Sensex pack, up 7%, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.

On the other hand, Wipro, Bajaj Finserv, HDFC Twins and RIL were among the laggards.

Elsewhere in Asia, shares closed sharply lower in Hong Kong, Shanghai, Tokyo and Seoul.

Stock exchanges in Europe were trading with significant gains in mid-session deals.

International oil benchmark Brent crude rose 0.89% to $87.04 a barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 3,751.58 crore on Monday, according to stock exchange data.

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