The domestic stock market closed with gains on Tuesday. Crude oil prices fell due to signs of peace between the US and Iran. Due to these important reasons, a buying environment was created in the market today. Banking stocks witnessed strong gains and BSE Bankex closed with a gain of more than 2 per cent. On the second day of the week, BSE’s benchmark index Sensex rose 394.50 points (0.54 per cent) to close at 73,918.76, while Nifty 50 rose 119.10 points (0.52 per cent) to close at 23,242.10. It is noteworthy that a huge fall was seen in the market on Monday; Yesterday, BSE Sensex closed at 73,524.26 (down 719.08 points or 0.97 per cent) and Nifty 50 closed at 23,123.00 (down 243.70 points or 1.04 per cent).
**Jump in Indigo shares**
On Tuesday, 18 out of 30 Sensex companies closed with gains, while the remaining 12 closed with losses. Similarly, 31 out of 50 Nifty 50 companies closed with profit, while the remaining 19 companies closed with loss. Shares of airline IndiGo saw the biggest rise among Sensex companies and closed 3.86 percent higher. In contrast, shares of Tata Group company Titan fell the most and closed 2.08 percent lower.
Tremendous rise in banking shares
Among other Sensex stocks, these stocks closed with gains: SBI (2.13%), ICICI Bank (1.99%), Axis Bank (1.92%), Bajaj Finance (1.84%), Asian Paints (1.81%), Trent (1.79%), Maruti Suzuki (1.56%), Hindustan Unilever (1.23%), Kotak Mahindra Bank (1.19%), Mahindra & Mahindra (1.17%), Bajaj Finserv (1.15%), Adani Ports (1.12%), UltraTech Cement (1.09%), L&T (0.66%), Reliance Industries (0.46%), Tata Steel (0.32%) and ITC (0.21%).
stocks that fell
On the other hand, on Tuesday, shares of NTPC (1.82%), Power Grid (1.67%), Tech Mahindra (1.02%), Bharti Airtel (0.98%), Eicher Motors (0.91%), Infosys (0.57%), Sun Pharma (0.45%), HCL Tech (0.39%), BEL (0.22%), TCS (0.09%) and HDFC Bank (0.02%) declined.
