Mumbai April 24 (IANS) Healthy buying in oil and gas banking and auto stocks coupled with broadly positive global cues lifted the key Indian equity indices on Tuesday.
Index heavyweights like Reliance Industries (RIL) Yes Bank Adani Ports Mahindra and Mahindra and Larsen and Toubro were the top gainers on the BSE.
However heavy selling pressure in metals IT and consumer durables stocks trimmed some gains of the benchmark indices market observers said.
The wider Nifty50 of the National Stock Exchange (NSE) rose by 34.05 points or 0.32 per cent to provisionally close (at 3.30 p.m.) at 10 618.75 points.
The barometer 30-scrip Sensitive index (Sensex) of the BSE which opened at 34 491.38 points closed at 34 616.64 points -- up 165.87 points or 0.48 per cent from its previous session s close.
The Sensex touched a high of 34 706.71 points and a low of 34 465.49 points during the intra-day trade.
In contrast the BSE market breadth remained bearish with 1 479 declines and 1 191 advances.
On Monday the equity indices closed a volatile trade session on a flat-to-positive note as healthy quarterly results drove investors sentiments.
The Nifty50 closed higher by 20.65 points or 0.20 per cent at 10 584.70 points while the Sensex closed at 34 450.77 points -- up 35.19 points or 0.10 per cent.
--IANS
ppg/vm