Nifty50 back above 25,000 mark led by financial, energy, auto shares; Trent hits 52-week high

Share Market News: Domestic equity benchmarks registered sharp gains on Tuesday, shrugging off weak sentiment in major global markets, as buying interest emerged in sectors like financial services, energy, and automobiles. The Sensex rose by 0.86 per cent, or 700 points, to 81,050.00, while the Nifty50 index gained 1 per cent, or 245 points, surpassing the psychologically important 25,000 mark.

Here are five things to know about Tuesday's trading session: 

At 2 pm, the Nifty50 was up 222.2 points, or 0.9 per cent, at 25,019 while the Sensex was at 81,674.3, up 624.3 points, or 0.8 per cent, for the day. 

Trent, BEL, Mahindra & Mahindra, Bajaj Auto, Apollo Hospitals and HDFC Bank, trading between 1.8 per cent and 7.9 per cent higher, were among the top gainers in the 50-scrip index.

On the other hand, SBI Life, Tata Steel, JSW Steel, Titan, Hindalco, Bajaj Finserv and Tata Motors, trading between 1.3 per cent and 3.1 per cent lower, were the worst hit among the 17 Nifty50 losers.

HDFC Bank, Reliance, M&M, and Infosys were the biggest contributors to the gains in main indices. 

Overall market breadth was extremely positive, with almost three stocks rising for every stock falling on BSE. 

Catch all the latest stock market updates here. For all other news stories in buzzing categories like technology, automobiles and personal finance, and much more, visit Zeebiz.com.