NEW DELHI: Equity indices jumped on Tuesday with the benchmark BSE sensex rising over 750 points led by gains in power, auto and realty shares.
The 30-share BSE index rose 777 points or 1.37 per cent to close at 57,357; while the broader NSE Nifty settled 247 points or 1.46 per cent higher at 17,201.
Power Grid, Titan, M&M, IndusInd Bank and Bajaj Finance were the top gainers in the sensex pack rising as much as 3.93 per cent.
Axis Bank, Asian Paints, Maruti and TCS were the only shares that finished in red.
On the NSE platform, all sub-indices finished in green with Nifty Realty, Auto and PSU Banks gained as much as 3.57 per cent.
“We are seeing a phase of consolidation, our fundamentals have not changed and we will largely react in line with global stocks. So, we are seeing a rebound,” Ajit Mishra, vice president, research at Religare Broking told news agency Reuters.
Markets in Europe were also trading in the green in the afternoon session.
Stocks in the US had ended with gains on Monday.
Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 3,302.85 crore on Monday, according to stock exchange data.
