• Source:JND
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The benchmark indices Sensex and Nifty rebounded on Tuesday, touching fresh closing highs on the back of gains in automobile and fast-moving consumer goods stocks and foreign fund inflows. The 30-share BSE Sensex rose 391.26 points or 0.49 percent to close at a new closing high of 80,351.64. During the day, it jumped 436.79 points, or 0.54 percent, to reach a new all-time high of 80,397.17.

The NSE Nifty index rose 112.65 points or 0.46 percent to 24,433.20, its highest closing level on record. During the day, it rose 123.05 points, or 0.50 percent, to touch a new all-time high of 24,443.60.

Among Sensex stocks, Maruti Suzuki India jumped over 6 percent amid reports that the Uttar Pradesh government has waived registration taxes on hybrid cars as part of its initiative to promote eco-friendly cars in the state. Other top gainers included Titan, ITC, Sun Pharma, Mahindra & Mahindra, Nestle and Tata Motors. Reliance Industries, Bajaj Finance, Kotak Mahindra Bank, and JSW Steel were among the laggards.

In Asian markets, Seoul, Tokyo, and Shanghai closed higher, while Hong Kong ended lower. European markets were mostly trading lower. US markets ended mostly higher on Monday.
Foreign institutional investors (FIIs) bought shares worth Rs 60.98 lakh crore on Monday, according to stock exchange data. The price of global benchmark Brent crude fell by 0.51 percent to $85.31 per barrel.

The Bahrain Stock Exchange index fell 36.22 points, or 0.05 percent, to close at 79,960.38 points on Monday. The NSE Nifty index fell 3.30 points or 0.01 percent to 24,320.55 points.

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(With Agencies Input)