Indian equity benchmarks ended higher on Tuesday with the Sensex gaining 549.62 points or 0.94% to settle at 58,960.60. The Nifty gained 175.15  points or 1.01% to end at 17,486.95.

The broader indices ended green with the BSE MidCap index gaining 1.06% and the SmallCap index up by 0.71%. The top gaining sectoral indices on the BSE Commodities by 1.97%, Consumer Discretionary by 1.76%, Energy by 1.71%, FMCG by 1.50% and Financial Services by 1.46%. While there were no losing sectoral indices on Tuesday.

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Adani Transmission: The share opened with a positive gap at Rs 3,100.90 at the BSE. It ended 5.57% higher at Rs 3,246.95 after the company released operational updates for the second quarter of the financial year 2022-23 on Monday. It has seen a 13% rise in the number of electricity units sold during the reported quarter that reaches 2,233 million units. Distribution loss also declined from 7.64% to 6% in the reported quarter against the year-ago quarter.

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PVR: The stock opened in green and ended 2.43% higher at Rs 1,729.35 at the BSE after it reported a wider-than-expected net loss of Rs 71.23 crore for the second quarter of the financial year 2022-23. While the net loss was higher in the corresponding quarter a year ago at Rs 153.1 crore. The multiplex operator reported a net profit of Rs 53.4 crore in the first quarter of the financial year 2022-23.

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Tata Coffee: After opening in the positive territory, the stock ended higher by 1.07% at Rs 218.05 on the BSE. The company had reported a 172% year-on-year (YoY) growth in net profit at Rs 147 crore for the second quarter of the financial year 2022-23 on the back of improved plant performance and the instant coffee business. One-time exceptional income on disposal of a non-core property. Consolidated revenue surged by 31% YoY to Rs 718.3 crore during the quarter led by higher realisations in all businesses.

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ACC: The stock opened with a negative gap and ended lower by 2.20% at Rs 2,219.70 after the company reported a consolidated net loss of Rs 87.35 crore for the quarter that ended September 2022, impacted by higher fuel and power expenses The result was a shock against a consolidated net profit of Rs 450 crore in the year-ago period.