Closing bell: Indices witness minor gains

Closing bell: Indices witness minor gains

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The domestic equity markets saw a positive close on Tuesday, with the Sensex rising 170 points to 76,500 and the Nifty gaining 90 points to end at 23,176.

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Broader indices showed resilience, recovering nearly half of Monday’s losses, with the midcap index climbing 1,286 points to 53,677. The Nifty Bank also delivered a strong performance, surging 688 points to close at 48,729.

IT sector faced headwinds as HCLTech registered its steepest fall in a decade, declining sharply after reporting in-line Q3 results. Biocon advanced 6% after HSBC upgraded the stock to “buy” and raised its price target. NTPC Green saw a strong uptick, ending 10% higher on robust volumes.

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