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Sensex rallies 288 points; Nifty tops 11,500

IndusInd Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Bharti Airtel, Axis Bank, ICICI Bank, Bajaj Finance, Sun Pharma, HDFC and Kotak Bank.

On the other hand, Titan, Maruti, ITC, Asian Paints, HCL Tech and Bajaj Auto were among the laggards.

Domestic equity benchmark Sensex surged 288 points on Tuesday, tracking strong buying sentiment in banking counters amid positive cues from global markets.

The broader NSE Nifty rose 81.75 points or 0.71 per cent to 11,521.80.

IndusInd Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Bharti Airtel, Axis Bank, ICICI Bank, Bajaj Finance, Sun Pharma, HDFC and Kotak Bank.

On the other hand, Titan, Maruti, ITC, Asian Paints, HCL Tech and Bajaj Auto were among the laggards.

Domestic equities traded a positive note through the day tracking firm cues from global markets and sustained foreign fund inflow, traders said.

Sensex rallies 288 points; Nifty tops 11,500 59

Foreign institutional investors bought equities worth Rs 298.22 crore on a net basis on Monday, exchange data showed.

Bourses in Shanghai, Hong Kong and Seoul ended with gains, while Tokyo slipped in the red.

In the forex market, the rupee tumbled 16 paise to close at 73.64 against the US dollar

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