Indian stocks edged up in monotonous trade on Tuesday, even though markets kept range bound, since investors kept to the sidelines for want of clear triggers. Stocks erased early gains while buying was seen over sectors, to some extent. Shares of Infosys Limited extended losses to a third successive session, falling nearly 1.53%, after Vishal Sikka resigned CEO.
HCL Info systems Ltd ascended 18.1 percent after signing MOU with Apple India for distribution Apple products across India. Energy stocks gained with IOC 3.2% and ONGC rising 1.6%.
When closing, the Sensex closed higher by 33 pts, to 31,292, and Nifty 50 rose 11 pts, to 9,766. Dr Reddy, Sun Pharma, Lupin, Airtel, ONGC and Axis Bank were major gainers, main major losers were Hero MotoCorp, Bajaj Auto, and NTPC.