By IANS
Mumbai : Buoyed by leading pharmaceutical stocks and market heavyweights, a key index of the Indian stock market gained 0.76 percent Tuesday, keeping the upward trend for the second consecutive day.
The 30-share benchmark index of the Bombay Stock Exchange (BSE) was up 110.32 points or 0.76 percent to close at 14,508.21, with only eight of its major components trading in the red.
The broader 50-issue National Stock Exchange (NSE) index, Nifty, added 36.70 points or 0.86 percent to its all-time record high of 4,256.55, recorded Monday, to close at a new high of 4,293.25.
Leading the top Sensex gainers were pharma major Cipla, up 4.95 percent at Rs.218.55, followed by state-run heavy electrical equipment producer BHEL, up 4.86 percent at Rs.2,856.20 and engineering and construction giant Larsen & Toubro, up 4.00 percent at Rs.1,856.50.
India's largest company and index heavyweight Reliance Industries, drug maker Ranbaxy Laboratories, private telecom service provider Reliance Communications, leading private lender HDFC Bank, state-run State Bank of India and textile major Grasim Industries were the other major index shares traded in the green.
The biggest losers of the day included Housing Development Finance Company, down 1.72 percent at Rs.1,813.45, followed by Gujarat Ambuja Cements, 1.03 percent at Rs.114.80.
IT heavyweight Infosys Technologies, top tobacco firm ITC, state-owned carmaker Maruti Udyog and two- and three-wheeler maker Bajaj Auto were among the losers.