IT stocks advance; Indices rise for 3rd day, Sensex up 113 pts

 IT stocks advance; Indices rise for 3rd day, Sensex up 113 pts

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The domestic stock market ended in the green for the third straight session on Tuesday, led by gains in HDFC Bank, and information technology (IT) stocks.
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 (up 4 per cent), Tech Mahindra (up 3 per cent), and Asian Paints (up over 2 per cent) were the top Sensex gainers.
Among Nifty sectoral indices, Nifty IT gained nearly 1.5 per cent while Nifty PSU Bank slipped around 1.5 per cent.
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.

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