Sensex rebounds 173 pts Tata Motors, Hindalco shares rally 3-4% | SaiProficient

Equity benchmarks gained strength with the Sensex rising over 150 points Tuesday after two-day consolidation, driven by banks and auto stocks.

The broader markets outperformed benchmarks in late trade, with the BSE Midcap and Smallcap indices up 0.7-0.8 percent.

Equity benchmarks gained strength on Tuesday, with the Sensex rising over 150 points after two-day consolidation, driven by banks and auto stocks.

Stock Market News Today-Sai Proficient
   Stock Market News Today-Sai Proficient

The broader markets outperformed benchmarks in late trade, with the BSE Midcap and Smallcap indices up 0.7-0.8 percent.
The 30-share BSE Sensex surged 173.01 points to 26899.56 and the 50-share NSE Nifty jumped 52.55 points to 8288.60.

While retaining September 2017 target of 30,000 on the Sensex, Surendra Goyal of Citi says the market is likely to be rangebound till some clarity emerges.

Deutsche Bank too says 2017 is expected to be a year of uncertainty and the market is likely to be volatile and uncertain in the first half and recover in the second half.

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