Key benchmark indices rose more than 1 percent on Tuesday, approaching its record high hit earlier this month after telecom stocks surged following Idea Cellular's better-than-expected earnings while stronger Asian shares also bolstered sentiment. The broader Nifty rose 1.1 percent, or 83.65 points, to end at 7,767.85. Index heavy weight Reliance Industries rose 3.3 percent, adding to Monday's 2.14 percent also helped the index to close near its all time high.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 34 advances to 16 declines.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 34 advances to 16 declines.
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