Market on Tuesday | Nifty snaps three-day fall to close above 24,800, Sensex gains 447 points
Benchmark indices snapped a three-day losing streak to end higher, with Nifty 50 closing above 24,800 on the back of buying in heavyweights and across the sectors.
After a lower opening, Nifty 50 briefly slipped below 24,600, but mid-session buying helped regain losses to end near the day’s high. At close, the Sensex was up 446.93 points or 0.55 percent at 81,337.95, and the Nifty was up 140.20 points or 0.57 percent at 24,821.10. The BSE midcap index rose 0.8 percent and smallcap index closed a percent higher.
All the sectoral indices ended in the green with Realty, Pharma, Oil & Gas up 1 percent each.
The biggest Nifty gainers included Jio Financial, Reliance Industries, L&T, Asian Paints, Eicher Motors, while losers were SBI Life Insurance, TCS, Axis Bank, HDFC Life, Titan.