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Indian benchmark indices rally for second consecutive session

Indian benchmark indices rally for second consecutive session

India Blooms News Service | | 12 Jul 2016, 06:32 pm
Mumbai, Jul 12 (IBNS): Indian markets benefited from a global rally for the second consecutive day on Tuesday hitting 11-month closing highs ahead of reporting of industrial output and CPI inflation data, according to media reports.

On Tuesday, Sensex climbed 181.45 points to 27808.14 and Nifty was up 53.15 points to 8521.05. Nifty closed above the 8500 level for the first time since Aug 2015.

Some of the key stocks who figured among the gainers were Tata Steel, Hindalco, Nalco, Cairn India, Vedanta, ICICI Bank, HDFC, Axis Bank, Reliance Industries, Maruti Suzuki and ONGC.

But ITC, Asian Paints, Sun Pharma, HUL, Dr Reddy's Labs, Cipla and Coal India figured among the losers on Tuesday. 

 

Image: Wikimedia Commons

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