Mumbai June 12 (IANS) Global cues and expectations of a healthy macro-economic industrial production data aided the key Indian equity indices to close Tuesday s trade session on a positive note.
In terms of global cues market analysts cited the historic meet between US President Donald Trump and North Korean leader Kim Jong-un as a major sentiment booster for investors.
In addition expectations of a healthy industrial production data for April also enhanced investors risk-taking appetite and led to a pick-up in healthcare capital goods and banking stocks.
However caution over a possible rise in retail inflation levels due to higher crude oil prices capped gains.
Index-wise the broader Nifty50 of the National Stock Exchange (NSE) closed at 10 842.85 points -- up by 55.90 points or 0.52 per cent -- from its previous close of 10 786.95 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) which had opened at 35 525.30 points ended in the green. It settled at 35 692.52 points -- higher by 209.05 points or 0.59 per cent -- from its previous session s close of 35 483.47 points.
The Sensex touched a high of 35 743.08 points and a low of 35 479.07 points during the intra-day trade. The BSE market breadth was bullish with 1 440 advances and 1 224 declines.
"Markets rallied strongly on Tuesday on buying in index heavyweights. Sentiments were boosted after Trump and Kim Jong Un signed an unspecified document in Singapore " said Deepak Jasani Head of Retail Research at HDFC Securities.
Geojit Financial Services Head of Research Vinod Nair said: "Market edged higher supported by positive outcome from US-N.Korea summit which may lead to an end of conflicts in Korean peninsula.
"However global market remains mixed ahead of US Fed ECB (European Central Bank) and BoJ (Bank of Japan) policy meeting during the week."
On the currency front the Indian rupee weakened by seven paise against the US dollar to 67.49 from its previous close at 67.42.
Investment-wise provisional data with exchanges showed that foreign institutional investors sold scrip worth Rs 1 168.88 crore while the domestic institutional investors bought stocks worth Rs 1 327.45 crore.
Sector-wise the S&P BSE healthcare index gained 262.17 points the capital goods index rose by 220.78 points and the banking index ended 204.94 points higher.
On the other hand S&P BSE metal index was down by 76.85 points followed by the basic materials and the telecom indices which were marginally down by 9.24 points and 3.75 points respectively.
The major gainers on the Sensex were Dr Reddy s Lab up 5.23 per cent at Rs 2 190.25; State Bank of India up 3.36 per cent at Rs 282.85; Hindustan Unilever up 2.41 per cent at Rs 1 640.45; IndusInd Bank up 2.41 per cent at Rs 1 950.45; and Hero MotoCorp up 2.11 per cent at Rs 3 688.75 per share.
The top losers were Bharti Airtel down 1.98 per cent at Rs 381.05; Tata Steel down 1.52 per cent at Rs 579.80; Coal India down 1.49 per cent at Rs 283.50 ONGC down 1.10 per cent at Rs 171.35 and Yes Bank down 0.98 per cent at Rs 332.40 per share.

--IANS rrb-rv/mr