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Nifty Bank rallied more than 600 points to close at 45,502. The Nfty50 closed with gains of over 100 points above 21,700. PNB, ICICI Bank, Bank of Baroda, and IDFC First Bank led the gains, while some profit-taking was seen in Bandhan Bank as well as AU Small Finance Bank.
Gold and silver contracts resumed trading on Tuesday after a four-hour delay amid a technical glitch that forced a shutdown of trade on the Multi Commodity Exchange (MCX).
Benchmark indices ended higher on Tuesday led by gains in banking and healthcare stocks. Sensex rose 483 points to 71,555 and Nifty gained 127 pts to 21,743. BSE investor wealth climbed to Rs 380.77 lakh crore. Banking and healthcare shares were the top sectoral gainers with their indices rising 736 points and 258 points, respectively on BSE. On the other hand, the BSE metal index slumped 389 pts to end at 26,608.
On the Comex, gold futures were trading at $2,049.20 per troy ounce, up by $1.30 or 0.06%, while silver futures were hovering at $22.670 per troy ounce, up by $0.034 or 0.150%.