Sensex, Nifty jump as U.S. Fed's debt buying offers liquidity hopes

Sensex, Nifty rise for fifth session, auto stocks shine

By Administrator_India

Capital Sands

Indian shares inched higher for a fifth straight session on Tuesday, helped by gains in auto and finance stocks, even as COVID-19 cases soared in the world’s second-most populous country.

The NSE Nifty 50 index rose 0.18% to 10,782.7 by 0356 GMT, while the benchmark S&P BSE Sensex was up 0.28% at 36,591.7.

Tata Motors Ltd gained as much as 3.3% to a near four-week high and was headed for its fifth straight session of gains, while Bajaj Auto Ltd climbed 2.3%.

Heavyweight shadow lender Bajaj Finance Ltd jumped 3.4% to its highest level since mid-March.

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