India’s benchmark stock market indices ended higher on Tuesday after a highly volatile trading session, supported by improved investor sentiment following the announcement of a bilateral trade deal between India and the European Union.
At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.
Shares of Mahindra & Mahindra, Asian Paints, Kotak Mahindra Bank, Eternal, ITC and Maruti Suzuki India ended lower, with some stocks declining by as much as 4 per cent.
On the other hand, buying interest was seen in stocks such as Axis Bank, Adani Ports, NTPC, Tech Mahindra, Tata Steel and State Bank of India, which rose by up to 5 per cent and supported the indices.
Broader markets also reflected positive sentiment. The Nifty Midcap 100 index ended 0.59 per cent higher, while the Nifty Smallcap 100 gained 0.41 per cent by the end of the session.
Among sectoral indices, the metal sector emerged as the top performer, with the Nifty Metal index jumping 3 per cent.
In contrast, the Nifty Media index declined 1.4 per cent, while the Nifty Auto index ended the day 0.9 per cent lower.
–IANS
