Prime Time Zone, Webdesk: Domestic equity markets, which had plunged with a series of losses, finally made modest gains on Tuesday. Indices recovered from five consecutive days of losses, particularly supported by the metal, real estate, oil and gas and auto sectors. Large purchases were supported mainly on metal, oil and gas counters. Analysts said counters in all sectors except banking ended in gains. Also, analysts believe that the impact has turned positive as Asian markets have also traded in gains.
At the close, the Sensex was up 7.09 points at 49,751 and the Nifty was up 32.10 points at 14,707. Metal and realty stocks gained while banking, finance and telecom stocks declined in the Nifty. ONGC jumped 5.55 per cent in the Sensex. Shares of IndusInd Bank, L&T, Ultra Cement, SBI and NTPC gained while Kotak Bank plunged 3.87 per cent. Shares of Maruti Suzuki, Bajaj Auto, HDFC Bank and HCL were among the losers. Rupee exchange rate against US dollar 72.73.
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