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Nifty Closes Above 13,000 For First Time Nifty Led By Bank Shares

Stock Market: Gains across sectors - led by financial and energy shares - pushed the indices higher
Stock Market: Gains across sectors - led by financial and energy shares - pushed the indices higher

Domestic stock markets closed at record highs on Tuesday, with the benchmark Nifty 50 index taking out the 13,000 level for the very first time, as signs of progress on a coronavirus vaccine spurred hopes of a faster economic recovery. The S&P BSE Sensex ended 1.01 per cent higher at 44,523.02 and the broader NSE Nifty 50 benchmark settled up 1 per cent at 13,055.15. The Nifty has gained about 12 per cent  so far this month on the back of upbeat vaccine trial results and strong inflows from foreign institutional investors (FII).

Here are the highlights of Tuesday's market session: