Rising for the fifth straight session, the benchmark Sensex added another 187 points on Tuesday, with gains in financial counters offsetting losses in power and infra stocks.<\/p>\n
After a volatile trading session, the 30-share BSE index ended 187.24 points, or 0.51%, higher at 36,674.52. The NSE Nifty was up 36 points, or 0.33%, at 10,799.65.<\/p>\n
On the Sensex chart, Bajaj Finance was the top gainer, rallying around 8%, followed by IndusInd Bank, Bajaj Finserv, Infosys, ICICI Bank, Axis Bank and HCL Tech.<\/p>\n
On the other hand, NTPC, ITC, PowerGrid and Tata Steel were among the laggards.<\/p>\n
According to traders, domestic investors shrugged off weak cues from global markets and focussed on positive factors like sustained foreign fund inflows and hopes of a good monsoon.<\/p>\n
Foreign institutional investors were net buyers in the capital market on Monday, purchasing equities worth Rs 348.35 crore, provisional exchange data showed.<\/p>\n
Gains in the market were, however, capped as rising COVID-19 cases weighed on investor sentiment.<\/p>\n
The number of cases around the world linked to the disease has crossed 1.16 crore and the death toll has topped 5.38 lakh.<\/p>\n
In India, the number of infections spiked to 7,19,665 and the death toll rose to 20,160.<\/p>\n
Bourses in Shanghai ended with marginal gains, while those in Hong Kong, Tokyo and Seoul closed in the red.<\/p>\n
Stock exchanges in Europe were also trading on a negative note in early deals.<\/p>\n
Meanwhile, international oil benchmark Brent crude futures fell 1.02% to USD 42.66 per barrel.<\/p>\n
On the currency front, the rupee extended the losses and settled 25 paise lower at 74.93 against the US dollar. <\/p>\n<\/div>\n