Updated Apr 13, 2021 | 16:28 IST
BSE Sensex closed at 48,544.06, gaining 660.68 points or 1.38% while the broader NSE Nifty index ended the day at 14,504.80, up 194 points or 1.36% led by banks, auto and metal stocks.
Sensex, Nifty gain over 1% amid short covering; investors log out of IT stocks | Photo Credit: Thinkstock
Benchmark indices Sensex and Nifty on Tuesday recouped some losses seen yesterday as investors dumped stocks fearing an increase in regional lockdowns amid a record rise in Covid-19 cases.
BSE Sensex closed at 48,544.06,
gaining 660.68 points or 1.38% while the broader NSE Nifty index ended the day at 14,504.80, up 194 points or 1.36%.
A short-covering rally in markets cheered up dealers and market participants on Tuesday a day after Nifty declined over 500 points to post the worst day since 26 February 2021 and closed near 14,300 levels.