Sensex ends above 57k, Nifty tops 17,100 for the first time

Indian benchmark equity indices continued their winning run for the fourth straight session on Tuesday tracking positive global cues. Sensex closed above the 57,000-mark for the first time while Nifty ended above 17,100 led by healthy buying across metals, banks and IT stocks.

The 30-share BSE index settled at record 57,552.39, up 662.63 points or 1.16%, while the broader Nifty 50 advanced 201.15 points or 1.19% to close at 17,132.20.

Bharti Airtel, closing nearly 7% higher, was the top Sensex gainer followed by Bajaj Finance, Bajaj Finserv, Asian Paints, Titan, TCS and Tech Mahindra. Nestle India, IndusInd Bank and Reliance Industries were among the laggards.

All sectoral indices on the NSE barring Nifty Media closed in the green. Sustained buying momentum across all sectors was witnessed. Nifty Metal, closing 1.5% higher was the top Sensex gainer followed by Nifty IT, Nifty Financial Services and Nifty FMCG.

In Asia, stock exchanges in Shanghai, Hong Kong, Tokyo and Seoul ended on a positive note. Equities in Europe were also trading with gains in mid-session deals.