Business
Buying in banking and steel stocks brought greenery in the market
Amid a strong trend in global stock markets, the Sensex recovered from early losses and closed with a gain of 694 points on Tuesday due to late buying in banking, steel and oil and gas sector stocks. During this period, the rupee remained stable at Rs 84.11 (provisional) against the US dollar.
How was the market movement on Tuesday?
Recovering from Monday’s sharp decline, the BSE Sensex jumped 694.39 points or 0.88 percent to close at 79,476.63. During trading, it rose 740.89 points or 0.94 percent to reach 79,523.13. The NSE Nifty rose 217.95 points or 0.91 percent to reach 24,213.30.