Indian equity benchmarks were trading higher in Tuesday’s afternoon session. Traders were positive as the Indian rupee jumped by 3 paise to 81.76 against the US dollar at the Interbank Foreign Exchange on the back of increased selling of the US currency by exporters and banks. However, the gains were capped by concerns about rising coronavirus cases in China and curbs that will impact global economic growth.

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The broader indices were trading mostly green with the BSE Midcap index up by 0.23% and the Small-cap index down by 0.05%.

The top gaining sectoral indices on the BSE were Commodities up 0.62%, Consumer Durables 0.62%, Services 0.54%, FMCG 0.45%, and Capital Goods 0.44%. While Realty down by 1.10%, Power 0.82%, Utilities 0.81%, Oil & Gas 0.53%, and Energy 0.35% was the only losing sectoral index on the BSE.

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The Sensex was trading at 61,352.07, up by 207.23 points or 0.34%, after trading in a high-low range of 61,362.96 and 61,073.68. On the index, 24 stocks were advancing against 6 declining.

The top gainers on the Sensex were IndusInd Bank up by 1.85%, Ultratech Cement 1.32%, Larsen & Toubro 0.95%, NTPC 0.88%, and Titan Company 0.86%. On the flip side, Power Grid Corp down by 0.75%,  Nestle 0.59%, Kotak Mahindra Bank 0.22%, Sun Pharma Industries 0.21%, and Axis Bank 0.15% were the top losers on the index.

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The Nifty was trading at 18,220.50 up by 60.55 points or 0.33% after trading in a high-low range of 18,226.30 and 18,137.70. On the index, 39 stocks were advancing, against 10 stocks declining and 1 stable.

The top gainers on Nifty were IndusInd Bank up 1.95%,  Divi’s Lab 1.53%, Grasim Industries 1.38%, Ultratech Cement 1.32%, and Adani Ports & SEZ 1.27%. While BPCL down 0.93%,  Bajaj Auto 0.88%,  Power Grid Corp 0.73%, ONGC 0.70, and Coal India 0.63% were the top losers on the index.

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Asian markets were trading mostly mixed, Nikkei 225 rose 0.61%, Shanghai Composite rose 0.07%, KOSPI Composite fell 0.59%, and Hang Seng slipped 1.90%.