Mumbai, Oct 12 (FN Agency) The equity market remained on top for the fourth consecutive session on Tuesday, as the BSE Sensex gained 148.53 points to close at 60,284.31 in volatile market as brisk buying was seen in Auto, FMCG, Consumer Durable stocks amid weak Asian Market. The Nifty of National Stock Exchange (NSE) too moved up by 46 points at 17,991.95. The Sensex opened lower by 90 points at 60,045.75. It was dropped 250 points at 59,885.39, days low. Later, it erased earlier losses and ended in green at 60,284.31, advancing 148.53 points from its previous close. The day’s high was at 60,331.74, which was was an196 points up, while the low was at 59,885.39 points. The Nifty recorded the day’s high and low at 18,008.65 and 17,864.95 points, respectively. The sectoral indices including Consumer Durable, Metal, Auto, FMCG and Consumer Discretionary Goods and Services stocks kept the rally intact for the fourth day on Tuesday.
In scrips, Titan was a major gainer, up by 6.04 per cent to Rs 2,506 followed by Bajaj Auto, Bajaj Finserv, SBI and Nestle India. While, selling in HCL Technology, Tech Mahindra, Ultracemco and TCS restricted from further gains, broker informed. The Mid Cap rose by 0.65 per cent and Small Cap by 0.26 per cent. In 30 scrips, 16 advanced while 14 declined. The sectoral indices that rallied were Consumer Durable by 2.78 per cent followed by Consumer Discretionary Goods and Services by 1.25 per cent, FMCG by 1.16 per cent, Metal by 1.05 per cent and Auto by 0.96 per cent. On Tuesday, the global market also remained under pressure as a global energy crunch fueled inflation fears. Besides, soaring crude oil prices, where the Brent crude futures topped USD 84 per barrel-mark, further spoiled market mood.