Indian markets witnessed a strong pullback rally on Tuesday after two days of selling. Markets rallied on the back of positive global cues, decent quarterly results and decreasing Covid-19 cases.All the sectoral indices closed in the green zone.Buying was seen across sectors with realty and PSU Banks outshining.
BSE Midcap and Smallcap indices traded higher 2.3% and 1.66% respectively.
At the close, the benchmark 30-share index, BSE Sensex added 834.02 points or 1.72% at 49,398.29 with 12 components posting rise. Meanwhile, the broad based NSE Nifty climbed by 239.85 points or 1.68% at 14,521.15 with 20 components registering rise.
Major gainers in the 30-share index were Bajaj Finserv (6.77%), Bajaj Finance (5.25%), HDFC (3.25%), Larsen & Toubro (2.64%), ICICI Bank (2.64%) and Sun Pharma (2.55%).
On the other hand, Tech Mahindra (0.54%), ITC (0.30%) and M&M (0.01%) were the major losers in the Sensex.
Market breadth was negative with 2,124 advances against 874 declines
.