Nifty, Sensex close at record highs
Sensex, Nifty
Indian shares settled higher for a fourth straight session on Tuesday and marked record closing levels, with conglomerate ITC Ltd and motorcycle maker Hero MotoCorpleading gains.
The NSE Nifty 50 Index ended 0.27 per cent higher at 12,362.30, while the S&P BSESensexindexadded 0.22 per cent to close at 41,952.63.
Broader Asian shares touched fresh peaks on Tuesday amid signs of improving relations between the United States and China, as the two countries prepare to sign a preliminary trade deal on Wednesday.
In domestic markets, shares of ITC Ltd rose nearly 2 per cent and were among the top gainers on both NSE and BSE, while Hero MotoCorp added 2.2 per cent.
The Nifty Media index closed up 2.1 per cent, with shares of TV18 Broadcastsurging over 16 per cent after the company posted a strong set of quarterly numbers.
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Among decliners, Yes Banktumbled over 13% and IndusInd Bankslipped 4.51 per cent.