Winning spree on Dalal Street continues and markets hit fresh all-time highs! Nifty near 22,200, Sensex gains 350 points but auto and IT remain under pressure

The benchmark equity index Nifty 50 ended Tuesday’s trading session in positive territory after the bulls took the index to a new all-time high of 22,215.60. The NSE Nifty 50 closed 74.70 points or 0.34% higher to settle at 22,196.95 points. While S&P BSE Sensex advanced nearly 350 points or 0.48% to settle at 73,057.40 points. Nifty Bank inched 558.70 points or 1.20% higher to settle at 47,094.20 points.

On the sectoral front, media and bank stocks gained the most amongst their peers. The broader indices ended in the green, with largecap and midcap stocks gaining the most. Bucking the trend, the Nifty Midcap 100 slipped nearly 63 points or 0.13% to close the day’s trading at 49,248.45. 

The losers on Tuesday include Hero MotoCor…