IANS
Mumbai
Continuing with gains for the third consecutive session, key Indian equity indices on Tuesday closed in the green on the back of broadly positive global cues and healthy buying in capital goods, banking and healthcare stocks.
The wider Nifty50 of the National Stock Exchange (NSE) at the time of closing held on to the psychologically important 10,000-mark, which was reclaimed on Monday on an intra-day basis.
The Nifty50 closed at 10,016.95 points -- up 28.20 points or 0.28 percent. It had slipped below the 10,000-mark on September 22. The 30-scrip Sensitive Index (Sensex) of the BSE closed higher by 77.52 points, or 0.24 percent, at 31,924.41 points.
The BSE market breadth was bullish -- 1,563 advances and 1,165 declines.
"Nifty rose today, after remaining in a 32-point range and closed the day higher by around 28 points,"Deepak Jasani, Head - Retail Research, HDFC Securities, told IANS.
"Major Asian markets have ended on a positive note, which included Nikkei, Hang Seng, Kospi... In Europe, FTSE 100 currently traded higher and DAX and CAC 40 traded lower."
In terms of the broader markets, the BSE mid-cap index rose by 0.64 percent, while the small-cap index gained 0.95 percent.
Market observers opined that some gains were capped as caution prevailed in the markets ahead of the earnings season for the July-September period, which starts later during the week."Shares climbed on Tuesday but broader gains were limited as investors hedged their bets before corporate results kick in this week.
Software bellwether Tata Consultancy Services will report on Thursday and index heavyweight Reliance Industries (RIL) on Friday,"said Dhruv Desai, Director and Chief Operating Officer of Tradebulls."The July-September earnings will be viewed as a gauge to determine whether the current high valuations hold ground after a record-setting rally this year,"Desai told IANS.
Sector-wise, the BSE capital goods index edged up by 96.85 points, followed by banking index by 94.24 points and healthcare index by 75.38 points. On the other hand, the BSE FMCG index fell by 24.68 points and realty index by 20.95 points. Major Sensex gainers on Tuesday were: Lupin, up 2 percent at Rs1,060.60; Axis Bank, up 1.74 percent at Rs 513.95; Power Grid, up 1.61 percent at Rs204.60; Reliance Industries, up 1.52 percent at Rs843.40; and Coal India, up 1.44 percent at Rs285.50.
Major Sensex losers were: Hindustan Unilever, down 0.98 percent at Rs1,208.15; ICICI Bank, down 0.96 percent at Rs269.25; Tata Steel, down 0.93 percent at Rs690.65; ITC, down 0.82 percent at Rs265.80; and Sun Pharma, down 0.50 percent at Rs527.30.