Sensex up 248 points to close at new high

Sensex up 248 points to close at new high

Mumbai: The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended at an all-time high for the third straight session on Tuesday paced by gains in the PSU, auto and realty sectors.

The Sensex ended 248 points higher to end at record high of 49,517, while the Nifty rose 79 points to its record close of 14,563.

Though the benchmarks opened lower in early trade and the sensex was in the red till noon, buying in banking stocks helped markets recover from lower levels.

The S&P BSE MidCap index closed at 19,208.6, up 0.4 per cent, while SmallCap index closed at 18,922.73 levels, up 0.25 per cent.

Major gainers were Tata Motors, Eicher Motors, HDFC Bank, Bharti Airtel, GAIL, ITC, SBI and Coal India.

Losers were Titan, Asian Paints, Nestle and Sun Pharma.

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