The 30-share BSE Sensex ended higher by 929.60 points or 1.34% at 70,514.20 level while the Nifty 50 closed at 21,182.70 level, up 256.35 points or 1.23%
Shares of NTPC Ltd (up 3.78%), Adani Ports and Special Economic Zone Ltd (up 3.08%), Hero MotoCorp Ltd (up 2.88%), Power Grid Corporation of Ltd (up 2.31%) and Eicher Motors Ltd (up 2.13%) ended as top gainers. On the other side, TCS Ltd (down 2.05%), Infosys Ltd (down 1.77%), HDFC Life Insurance Co Ltd (down 1.32 %), Axis Bank Ltd (down 1.25%), and UltraTech Cement Ltd (down 1.16%) were among the laggards
Sun Pharmaceutical Industries share price, having gained 56% in the last six months, declined 1.91% in intraday trades on Tuesday
The benchmark surged 232 points in intra-day deals to its new peak of 70,057.83. This is the 5th session in December when the Sensex has hit its peak
India is aiming to get 50,000 electric buses on its streets by 2027 with help from a joint finance mechanism with the US
The chairman of the 15th Finance Commission, however, said that a lot more needs to be done on the reform agenda to achieve this goal
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed
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