• Source:PTI
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Stock Market Closing:  Domestic equity benchmarks ended trading in green for a third consecutive day on Tuesday. The index of the top 30 shares on the Bombay Stock Exchange (BSE) Sensex closed at 73,738.45, up by 89.83 points or 0.12%. While, the index of the top 50 stocks on the National Stock Exchange (NSE) Nifty-50 ended day trade at 22,368, up by 0.14 percent.

Heavy selling pressure in the index heavyweight Reliance Industries, mainly due to profit-taking, dragged the market indices down. Reliance lost more than one percent to close at Rs 2,918.50 per share. From the Sensex basket, HCL Technologies, Nestle, Bharti Airtel, Maruti, Tata Motors, Tate Bank of India, NTPC, and Asian Paints were the top gainers.  Reliance Industries, Sun Pharma,  JSW Steel, Tech Mahindra, Mahindra & Mahindra, and Bajaj Finance were among the losers.

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In Asian markets, Tokyo and Hong Kong were in positive territory, while Seoul and Shanghai ended lower. European markets were trading with gains. Wall Street closed in positive territory on Monday. Global benchmark Brent crude rose 0.41 percent to $87.36 a barrel. According to exchange data, foreign institutional investors (FIIs) sold shares worth Rs 2,915.23 crore on Monday after a day's respite.

The BSE benchmark index rose 560.29 points or 0.77 percent to settle at 73,648.62 on Monday. The NSE Nifty rose 189.40 points or 0.86 percent to 22,336.40.

Rupee closes higher

The rupee closed 3 paise higher at 83.33 (provisional) against the US dollar on Tuesday due to positive domestic markets and a soft US currency. The local currency opened at 83.37 against the greenback at the interbank foreign exchange market. 

Global oil benchmark Brent crude futures rose 0.29 percent to US$87.25 per barrel. On Monday, the rupee had strengthened by 8 paise to close at 83.36 against the US dollar.

(With PTI Inputs)

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