Nifty, Sensex close at all-time highs

Benchmark indices Sensex and Nifty continued their upward march and closed at their all-time highs on Tuesday. Nifty ended at 9,786 level, higher by 15 points, while BSE Sensex closed at 31,747, up 31 points.
 
The BSE Mid-cap index ended lower by 0.79 per cent at 14,923, in line with BSE Small-cap index, which closed at 15,806, down by 0.58 per cent. India VIX also closed down 0.2 per cent at 10.8 level.
 
The top gainers in Nifty were Bajaj Auto, BPCL, Hindalco, Infosys and Tata Motors, while Bharti Airtel, Bank of Baroda, Cipla, Wipro and Aurobindo Pharma were the top losers in Nifty.
 
IT stocks were the main drivers in Nifty, majorly contributing to shoving the index into positive territory in the closing hours. Infosys was up by over 2.25 per cent in the closing hours, followed by TCS, which ended higher by nearly 2 per cent.  
 
The sugar stocks were the main losers in today’s trade as the government increased sugar import duty to 50 per cent from the erstwhile 40 per cent to prevent dumping in the domestic market. The international markets saw a reduction in prices in the sugar industry. Rana Sugars closed with a loss of 3.2 per cent and Sakhti Sugar closed lower by 3.8 per cent, becoming the top losers among the sugar stocks.
 
The pharma stocks also dropped during the closing hour, with Dr Reddy’s Laboratories and Aurobindo Pharma slipping over one per cent in Tuesday’s trade.
 
Further, AU Small Finance continued to gain in today’s trading session too, closing at Rs 570.35, up by 5.39 per cent on the BSE. CDSL also gained 6.16 per cent in Tuesday’s trade against its listing price of Rs 250.