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Benchmark indices rose for the fourth straight session on Tuesday, with Sensex gaining over 100 points and Nifty rising above the 10400 level tracking gains in Asian peers as conciliatory-sounding comments from Chinese President Xi Jinping helped soothe investor concerns about an escalating US-China trade spat.
The market breadth was in favour of declines with one stock advancing against each declining one. Axis Bank gained 6 percent and was among the top percentage gainer on the NSE index after the country’s third-biggest private-sector bank by assets said on Monday its long-time chief executive, Shikha Sharma, will step down at the end of 2018.Investors have now turned their focus to domestic cues such as March retail inflation data due later this week and corporate results.
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