Indian equities continued their winning run for a third session in a row on Tuesday as positive news on the US-China trade deal front and consumer demand revival hopes in the upcoming festive season enthused investors.
The BSE benchmark Sensex rallied around 421 points during the day but pared some gains towards the fag-end of the session and settled 291.62 points, or 0.76 per cent, higher at 38,506.09 — a two-week high for the index.
Similarly, the broader NSE Nifty rose over 87 points, or 0.77 per cent, to settle at 11,428.30.
The market rally was mainly driven by auto and metal stocks.
Top gainers in the Sensex pack were Vedanta, M&M, ONGC, Hero MotoCorp, Maruti Suzuki and HUL rising up to 3.79 per cent.
On the other hand, Bharti Airtel, Infosys, Tata Motors, HCL Tech, Tech Mahindra and Bajaj Finance fell as much as 2.53 per cent.
Of the 30 scrips on the Sensex, 24 shares closed with gains and 6 with losses.
