November 23, 2024 17:32 (IST)
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Indian market post moderate gains on Tuesday
Mumbai, Jun 28 (IBNS): The Indian market ended Tuesday on a moderately gaining note, with Sensex up 121.59 points to 26524.55 and Nifty up 33.15 points to 8127.85, largely due to firm global cues and the news that the monsoon is progressing well.
India's rural economy is majorly dependent on the monsoon.
Short-covering ahead of June derivatives expiry on Thursday also helped the market sentiment, media reported.
The positive sentiment was also an indication that the Indian market, on Tuesday, had managed to shed some of its concerns surround Brexit and its impact on the global economy.
Featuring among the top gainers were Lupin, HUL, ITC, M&M, Cipla and Bharti Airtel while Tata Motors, Hero Motocorp, Wipro, Sun Pharma, TCS, NTPC and Adani Ports were some of the top losers on Tuesday.
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