The two key equity benchmarks, Sensex and Nifty, on Tuesday closed marginally higher, led by gains in select financial shares amid mixed global cues. The BSE Sensex closed at 60,130, up 75 points. On the other hand, the NSE Nifty ended at 17,769, up 26 points.
On the 30-share Sensex platform, Bajaj Finance was the lead gainer, up 2.38 per cent, followed by Bajaj Finserv, IndusInd Bank, Airtel, SBI, ICICI Bank. On the downside, HDFC Bank, HDFC, TechM, Sun Pharma, Axis Bank, Wipro were among the losers.
In the broader markets, the BSE Midcap and Smallcap indices ended on a flat note.
Shares of Welspun India surged 3 per cent as the company is set to consider buyback proposal on April 27. Those of Mahindra Lifespace, meanwhile, added 2 per cent after the company said it has secured project to redevelop a housing society in Mumbai with an expected revenue potential of Rs 850 crore.
On the downside, Ipca Labs shares tumbled 8 per cent. The board approved the acquisition of 33.38 per cent of the paid-up share capital of Unichem Laboratories for Rs 1,034 crore from one of its promoter shareholders. Ipca is acquiring the stake at Rs 440 per equity share.
Among sectors, power and PSU Bank indices were up 1 per cent each, while metal, infra, oil & gas and realty gained 0.5 per cent each.
In the previous session on Monday, the S&P BSE Sensex rallied 401 points (0.67 per cent) to end at 60,056. On the other hand, the Nifty50 surpassed the 17,700-mark to settle at 17,743, up 119 points.