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Indian benchmark indices gained on Tuesday along with some Asian peers even at the US Federal Reserve’s (Fed’s) two-day monetary policy meeting got underway. The benchmark Sensex rallied close to 1,000 points to go past 60,000 but retreated ahead of the market close amid a correction in European equities.
The Sensex ended the session at 59,719, a gain of 578 points or 0.98 per cent. The Nifty50 on the other hand ended the session at 17,816 a gain of 194 points or 1.1 per cent. Financials and pharma stocks led the advance amid positive flows from foreign portfolio investors (FPIs).
FPIs on Tuesday bought shares worth Rs 1,196 crore, according to provisional data from exchanges. Overnight gains in the US
