Mumbai: The BSE benchmark Sensex recovered by 192.84 points and the NSE Nifty reclaimed the 12,000 level on Tuesday as no fresh aggressive moves from the US and Iran helped crude prices ease.
After rallying 553.51 points during the session, the 30-share BSE index ended 192.84 points or 0.47 per cent, higher at 40,869.47.
Similarly, the broader Nifty rose 59.90 points, or 0.50 per cent, to finish at 12,052.95.
Top gainers and losers
In the Sensex kitty, Ultratech Cement was the top gainer, rising 2.10 per cent, followed by HDFC Bank, Reliance Industries Sun Pharma, NTPC and Asian Paints.
On the other hand, Infosys, ICICI Bank, Bharti Airtel, Nestle India, Hero MotoCorp and PowerGrid ended in the red.
Brent crude oil futures slipped nearly 0.26 per cent to USD 68.73.
Rupee regains 11 paise against USD amid ease in US-Iran tussle
The Indian rupee on Tuesday reclaimed some lost ground, rising 11 paise to close at 71.82 against the US dollar as receding fears of a larger conflict in the Middle East helped crude oil prices ease.
Investors, however, turned cautious ahead of the release the first advance estimates of the GDP for FY20 scheduled to be released later in the day.
Gold prices fall Rs 420 on stronger rupee
Gold prices corrected by Rs 420 to Rs 41,210 per 10 gram in the national capital on Tuesday amid a stronger rupee and profit-booking in the international market for the precious metal, according to HDFC Securities.
In the international market, gold was trading lower at USD 1,568 per ounce, while silver was also quoting down at USD 18.19 per ounce.
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