Sensex gains 383pts, broader indices outperform; Tata Steel up 4%, RIL 2.4%

The BSE Midcap index gained 1.8 per cent, while the Smallcap index rallied 2.2 per cent. All sectoral indices also ended with gains, Realty, Metal and Consumer Durables were the major gainers

Closing Bell

The key benchmark indices gyrated between zones in trade on Tuesday before firming-up in the latter half of the trading session taking cues from the broader markets. The BSE Sensex opened marginally higher at 60,997, but soon jumped to a high of 61,405. The BSE index thereafter slipped into negative zone on account of weakness in select index heavyweights only to bounce back in green. Aggressive buying towards the fag end of the trading day, saw the Sensex jump to a high of 61,498, and finally ended 383 points higher at 61,350.

The NSE Nifty moved