Sensex ends 113 points higher; HCL, HDFC & Infosys gain amid rebound in global markets

New Delhi: The domestic stock market ended in the green for the third straight session on Tuesday, tracking gains in HDFC Bank, HCL Tech and Infosys amid a rebound in the global markets.

The S&P BSE Sensex settled 113 points, or 0.28 per cent higher at 40,544 levels and the Nifty50 gained 24 points, or 0.2 per cent at 11,897 levels. India Vix rallied 4 per cent to 22.69 levels.

HCL Tech was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Tech Mahindra, Asian Paints, Bharti Airtel, HDFC Bank, L&T, TCS, M&M, Nestle India and Infosys. On the other hand, ONGC, PowerGrid, NTPC, Reliance Industries, ICICI Bank, Tata Steel, HDFC and SBI were among the laggards.

Among Nifty sectoral indices, Nifty IT gained nearly 1.5 per cent while Nifty PSU Bank slipped around 1.5 per cent.

Bourses in Shanghai, Hong Kong and Seoul ended on a positive note, while Tokyo settled in the red. Stock exchanges in Europe were largely trading with gains in early deals.

Meanwhile, international oil benchmark Brent crude was trading 0.33 per cent lower at USD 42.48 per barrel. In the forex market, the rupee depreciated by 12 paise to close at 73.49 against the US dollar.

In the broader market, the S&P BSE MidCap index ended 0.47 per cent higher at 14,775 levels while the S&P BSE SmallCap index ended at 14,896, up 0.3 per cent.