MARKET LIVE: Sensex advances 350 pts; HDFC Bank gains 5%, RIL up 2%

Domestic equities extended their rally and were trading nearly a per cent higher on Tuesday.

The benchmark S&P BSE Sensex was at 37,272 level in morning deals, up 333 points, or 0.9 per cent. RIL, ONGC, ITC, Asian Paints, and Maruti Suzuki trading as top gainers on the index. On the downside, IndusInd Bank, TechM, Power Grid, and HCL Tech slipped in the red.

HDFC Bank surged over 5 per cent after media reports suggested the Rserve Bank of India has approved Sashidhar Jagdishan's name for the post of CEO of the bank. 
 
The broader Nifty50, meanwhile, was at 10,990 level, up 92 points, or 0.9 per cent.

Sectorally, Nifty IT index slipped into the red, down 0.4 per cent, after US President Donald Trump on Monday signed an executive order restricting federal agencies from contracting or subcontracting foreign workers, hurting Indian IT professionals who work in the US on the H-1B visa. READ MORE

In the broader market, the S&P BSE MidCap index was at 13,827 level, up 0.8 per cent. The S&P BSE SmallCap index, on the other hand, was at 13,272 level, up 0.9 per cent.