NSE Nifty rallied for the second straight session to end at 8,543.55 following late buying in auto, private bank, financial service, bank and energy sectors amid higher global cues ahead of the US Presidential election results that will set the tone for global markets.
The 50-share index was range-bound before gaining strength in last hour of trade as volatility ruled as the closely watched US election draws near, with investors in wait-and-watch mode.
Overseas, most European stocks were trading higher on clearer prospects of Hillary Clinton emerging victorious. Asian stocks were trading higher. Japan's Nikkei, however, settled lower by 0.03 per cent.
Nifty opened higher at 8,540.00, moved in a range of 8,559.40 and 8,480.10 before ending at 8,543.55, a rise of 46.50 points, or 0.55 per cent, from its last close.
It saw an intra-day movement of about 79.30 points.
On the sectoral front, auto rose by 1.89 per cent, followed by private bank (0.89 per cent), financial service (0.77 per cent), energy (0.61 per cent) and metal (0.40 per cent).
However, pharma dropped by 1.14 per cent, followed by realty (0.20 per cent) and PSU Bank (0.08 per cent).
Index gainers were Tata Motors (6.69 per cent), Tata Motors DVR (5.40 per cent), GAIL (2.99 per cent), BHEL (2.98 per cent), Tech Mahindra (2.09 per cent), ICICI Bank (1.69 per cent), Yes Bank (1.68 per cent) and ACC (1.64 per cent).
Laggards included Sun Pharma (2.98 per cent), Cipla (1.91 percent), Aurobindo Pharma (1.52 per cent), Tata Power (1.26 per cent) and Adani Ports (1.24 per cent).
A total of 927 scrips declined, 690 advanced while 75 remained unchanged. Total securities that hit their price bands were 81.
Turnover in the cash segment fell to Rs 19,450.50 crore, from Rs 21,403.01 crore on Monday.
A total of 8,090.27 lakh shares changed hands in 74,08,026 trades.
The market capitalisation of NSE stood at Rs 1,09,14,644.03 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
