Indian Market: Sensex regains, ends higher at 38,939.22 pts on fresh buying amid

The Sensex, which had slid by 161.70 points on Monday, went up by 30 points to 38,730.93 in early trade. It rallied by 278 points to touch day's high of 38,978.99 in mid-morning trade. Later, it crashed by nearly 202 points to touch day's low of 38,598.72 in intra day. It recovered in late trade and closed positive at 38,939.22, gaining by 238.69 points compared with its last close.

The gains in sectoral indices like Auto, Bankex, Realty, Health Care and Finance supported the market sentiment, along with scrips of Yes Bank, Tata Motors, ICICI Bank and Bajaj Auto.

However, selling in Asian Paints, Infosys, Bharti Airtel and Bajaj Finance capped its further gains, brokers informed.

The broader markets ended mixed, as the S&P BSE Mid-Cap index rose 0.15 per cent while Small-Cap eased 0.1 pc.

The market breadth was negative on BSE, as 1,168 shares gained versus 1,378 fell and 153 were unchanged.

Elsewhere in other world markets, Asian shares hit an eight-month-high on Tuesday as optimism about Chinese measures to boost economic growth lifted mainland markets, however, a crucial Brexit summit this week limited gains.

MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.3 per cent, hovering near its highest level since August 9 last year.

Japan’s Nikkei went up 0.1 per cent higher, while Australian shares traded a shade lower.