Share Market, Rupee, Gold, Petrol, Diesel Price/Rate Highlights: The benchmark indices on the BSE and National Stock Exchange (NSE) settled nearly 0.5 per cent higher on Tuesday led by gains in the shares of market heavyweight Reliance Industries (RIL), Bharti Airtel and HDFC Bank.
The S&P BSE Sensex settled at 40,469.70, up 185.51 points or 0.46 per cent. The broader Nifty 50 index gained 55.60 points or 0.47 per cent to end the day at 11,940.10.
Among sectoral indices, the Nifty PSU Bank index was the top gainer of the day, climbing 3.88 per cent led by sharp gains in the share prices of Oriental Bank of Commerce, Syndicate Bank and Central Bank of India.
Among stocks, Bharti Airtel rose 7.36 per cent to settle at Rs 439.25 apiece on the BSE on Tuesday. Earlier in the day, the stock had surged 8.87 per cent to hit a 52-week high of Rs 445.45. Fellow telecom major Vodafone Idea too settled 34.68 per cent higher at Rs 6.02 apiece.
Apart from the telcos, shares of the oil-to-telecom giant RIL settled 3.52 per cent higher at Rs 1509.80 on Tuesday. It became the first-ever Indian company to cross the Rs 9.5 lakh crore market capitalisation as the stock touched a fresh record high of 1,514.95 in intraday trade. The market cap of RIL stood at Rs 9,57,086.22 crore at the end of Tuesday’s trade, data on the BSE showed.