Titan was the top gainer in the Sensex pack, followed by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel.
Extending its gains for the fourth consecutive session, equity benchmark Sensex jumped nearly 149 points to mark another record high of 60,284 on Tuesday, tracking gains mainly in banking and consumer durables stocks.
After a volatile trading session, the 30-share Sensex closed 148.53 points or 0.25% higher at 60,284.31. Similarly, Nifty rose 46 points or 0.26% to its latest closing peak of 17,991.95.
Titan was the top gainer in the Sensex pack, rallying over 5%, led by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel.
On the other hand, HCL Tech, Tech Mahindra, UltraTech Cement, TCS and Sun Pharma were among the laggards.
Vinod Nair, Head of Research, Geojit Financial Services, said the domestic market traded in negative territory following a weak start to the earnings season and selling in IT stocks on weak global markets.
“However, with strong support from PSU banks on fresh privatization expectations and sustained buying interest in consumer goods, metals and autos, the index managed to end on a positive note.”
“While global markets traded moderated on fears of rising inflation due to rising commodity prices and energy crunch,” he said.
Elsewhere in Asia, shares ended with losses in Shanghai, Hong Kong, Tokyo and Seoul.
Stock exchanges in Europe were also trading on a negative note in opening deals.
Meanwhile, international oil benchmark Brent crude rose 0.26% to $83.87 a barrel.
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