In spite of a bearish trend in global markets, the equity benchmark indices Sensex and Nifty closed higher on Tuesday for the third straight day thanks to increases in market giants ITC, Reliance Industries, and Infosys.
Traders said that Besides, robust domestic macroeconomic data added to the positive momentum.
The BSE benchmark index jumped 152.12 points or 0.23 per cent to settle at 65,780.26. During the day, it gained 203.56 points or 0.31 per cent to 65,831.70.
The Nifty increased 46.10 points or 0.24 per cent to end at 19,574.90.
The Biggest gainer from the Sensex pack is Sun Pharma, climbing 2.09 per cent, followed by ITC, Titan, Bajaj Finance, Nestle, Infosys, L&T, JSW Steel, Reliance Industries and Kotak Mahindra Bank.
UltraTech Cement, Maruti, HDFC Bank, Wipro, State Bank of India and NTPC were among the laggards.
In Asian markets, Tokyo settled in the green, while Seoul, Shanghai and Hong Kong ended in the negative territory.
European markets were trading on a mixed note in early deals. The US markets were closed on Monday.
Manufacturing activities in India gained momentum in August. According to Survay.
Meanwhile, GST collections grew by 11 per cent to over Rs 1.59 lakh crore, and domestic passenger vehicle sales hit a record in August.
Global oil benchmark Brent crude declined 0.62 per cent to USD 88.45 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,367.67 crore on Monday,
The BSE benchmark had climbed 240.98 points or 0.37 per cent to settle at 65,628.14 on Monday. The Nifty advanced 93.50 points or 0.48 per cent to close at 19,528.80.
