Sensex Rises 455 Points Owing To Foreign Fund Inflows And Buy Of IT Shares

On Tuesday, Sensex and Nifty rose about 1 percent, boosted by investment in IT behemoths TCS and Infosys, as well as significant foreign fund inflows.

The 30-share BSE Sensex advanced 454.67 points or 0.63 percent to 72,186.09. During the day, it climbed 529.98 points or 0.73 percent to 72,261.40.

The Nifty moved 157.70 points or 0.72 percent to 21,929.40.

HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the Sensex’s top gainers.

Among the laggards were Power Grid, IndusInd Bank, ITC, Kotak Mahindra Bank, Bajaj Finserv, and Axis Bank.

In Asian markets, Shanghai and Hong Kong closed with significant gains, while Seoul and Tokyo closed in the negative.

European stocks were generally up.

On Monday, the US markets closed down.

Brent crude lost 0.09 percent to USD 77.92 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 518.88 crore on Monday.

On Monday, the BSE benchmark slid 354.21 points or 0.49 percent to 71,731.42, while the Nifty shed 82.10 points or 0.38 percent to 21,771.70.

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