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MARKET LIVE: Indices off highs; Sensex up 200 pts, Nifty near 12,100

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SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

Stock brokers react to the movement share prices on BSE Sensex in Mumbai on January 23. Photo: Kamlesh Pednekar
Indian indices climbed off the day's highs but were still trading firm on Tuesday, lifted by buying in metals, banks, and auto counters. Meanwhile, investors continue to track the Delhi election results as well as Coronavirus developments for further cues.
 

The S&P BSE Sensex gained 324 points, or 0.8 per cent, at 41,300 levels. Maruti Suzuki India and PowerGrid (both up 2%), NTPC and Ultratech Cement (both up over 1%) were the top gainers in the Sensex pack. On the other hand, TCS and Nestle India traded with minor cuts.

The broader Nifty50 index gave up the psychological mark of 12,150, and was hovering around the 12,130 mark, up 94 points, or 0.78 per cent.

All the Nifty sectoral indices were trading in the green. Nifty Metal and Nifty Auto indexes, both up over 1 per cent, gained the most.

In the broader market, the S&P BSE MidCap index ticked up 54 points, or 0.34 per cent, while the S&P BSE SmallCap index was trading flat. 

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