Mumbai, Oct. 6 -- Market benchmark indices Sensex and Nifty ended sharply higher on Tuesday, extending their rally for the second straight session, as a decline in crude oil prices below $100 per barrel and buying in bank stocks and Reliance Industries added to investors' optimism.
The 30-share BSE Sensex jumped 685.34 points, or 0.95 per cent, to settle at 73,067.81. The 50-share NSE Nifty climbed 220.35 points, or 0.98 per cent, to end at 22,776.10.
From the 30 Sensex firms, Trent surged the most by 12.78 per cent. Kotak Mahindra Bank, Hindustan Unilever, Reliance Industries, InterGlobe Aviation, Eternal and Asian Paints were also among the winners.
Tech Mahindra, Titan, Bajaj Finance and ITC were among the laggards.
Brent crude, the global oil benchmark, tanked 1.70 per cent to $98.59 per barrel.
The BSE SmallCap Select index jumped 1.25 per cent and the MidCap Select index 1 per cent.
Among the BSE sectoral indices, Telecommunication surged 2.33 per cent, Capital Goods 1.79 per cent, Industrials 1.62 per cent, FMCG 1.57 per cent, Power 1.21 per cent, Oil & Gas 1.21 per cent and Insurance 1.06 per cent.
Realty, IT, PSU Bank, Hospitals, Focused IT, MidSmall Private Banks Quality Tilt and MidSmall Private Banks ended lower.
FIIs offloaded equities worth Rs 4,699.14 crore on Monday, according to exchange data.
Published by HT Digital Content Services with permission from Millennium Post.