Mumbai Sep 12 (IANS) Investors hopes for healthy macro-economic numbers along with positive global cues on the back of easing geo-political tensions lifted the key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- on Tuesday.
According to market observers both the key indices extended gains as healthy buying was witnessed for state-owned banks stocks.
Consequently the wider 51-scrip Nifty of the National Stock Exchange (NSE) gained 87 points or 0.87 per cent to close at 10 093.05 points.
Similarly the Sensex of the BSE made healthy gains. It closed at 32 158.66 points higher by 276.50 points or 0.87 per cent from the previous day s close at 31 882.16 points.
The Sensex touched a high of 32 172.46 points and a low of 31 950.24 points during the intra-day trade.
"Markets rallied strongly on Tuesday to close with healthy gains on the back of positive global cues. The Sensex in the process closed above the psychologically important 32 000-mark " Deepak Jasani Head - Retail Research HDFC Securities told IANS.
"Major Asian markets have ended on a positive note. European indices like DAX and CAC 40 traded higher."
On the currency front the Indian rupee weakened by 10 paise to 64.04 against the US dollar from its previous close at 63.93-94.
In investments provisional data with the exchanges showed that foreign institutional investors (FIIs) sold scrip worth Rs 1 230.74 crore while domestic institutional investors (DIIs) purchased stocks worth Rs 1 313.08 crore.
"The BSE Sensex and Nifty extended gains in the noon trade with fresh buying coming in state-owned banks like SBI and Bank of Baroda " said Dhruv Desai Director and Chief Operating Officer of Tradebulls.
"Markets rose for the fourth straight session led by gains in metal banking FMCG and pharma shares."
Major Sensex gainers on Tuesday were: Tata Steel up 3.30 per cent at Rs 683.15; Tata Motors (DVR) up 3.26 per cent at Rs 221.90; Sun Pharma up 3.17 per cent at Rs 483.50; Tata Motors up 3.14 per cent to Rs 387.20 and Hindustan Unilever up 2.26 per cent at Rs 1 246.65.
Major Sensex losers were: Wipro down 1.00 per cent at Rs 298.25; ONGC down 0.76 per cent at Rs 162.15; Hero MotoCorp down 0.72 per cent at Rs 3 917.55; NTPC down 0.29 per cent at Rs 169.90; and PowerGrid down 0.12 per cent at Rs 215.25.
--IANS
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