Share/Stock Market, Equity Market, Rupee Highlights: After remaining rangebound for the most part of the session, the benchmark indices on the BSE and National Stock Exchange (NSE) ended at record highs for the second straight day aided by last hour buying.
The S&P BSE Sensex settled at a new record of 41,952.63, up 92.94 points (0.22 per cent), while the Nifty 50 ended at 12,362.30, up 32.75 points (0.27 per cent).
Both the indices remained largely rangebound throughout the day and edged higher during the final hour of trade session, reaching their respective new intraday highs. The Sensex touched 41,994.26, while the Nifty climbed to 12,374.25.
Gains on the Sensex were led by market heavyweights HDFC, ITC, Axis Bank and Tata Consultancy Services (TCS).
Among the sectoral indices, the Nifty FMCG index gained 431.95 points (1.41 per cent) to settle at 31,145.40. Gains in the index were led by Tata Global Beverages which rose 10.24 per cent to end at Rs 389.10 apiece. The Nifty IT index too gained 136.45 points (0.84 per cent) to end at 16,362.35. MindTree, Tata Elxsi and NIIT Technologies were the biggest contributors to the IT index on Tuesday.
The Nifty Auto index climbed 53.45 points (0.65 per cent) to end the day at 8,289.30. Exide Industries, Amara Raja Batteries and Hero MotoCorp were the top gainers in the auto index.
(with inputs from agencies)