Top advancers on the 50-scrip Nifty index were auto maker Eicher Motors, oil companies Indian Oil, BPCL and HPCL, and power utility firm NTPC.

Stock markets registered gains of almost 1 per cent on Tuesday, led higher by banking, financial services, FMCG and energy shares. BSE benchmark index Sensex ended 331 points, or 0.95 per cent, higher at 35,144 and the Nifty settled at 10,582, up 100 points from the previous close. With that, the markets snapped two days of losses, after release of strong macroeconomic data by the government on Monday. Top advancers on the 50-scrip Nifty index were auto maker Eicher Motors, oil companies Indian Oil, BPCL and HPCL, and power utility firm NTPC, closing with gains of between 3 per cent and 6.2 per cent.

Here are five things to know:

1. The Nifty Financial Services, Private Bank, Energy and Infra sectoral indices on the NSE finished with gains of 1-1.8 per cent each.

2. The rupee rose by as much as 29 paise to an intraday high of 72.60 against the dollar, after global crude oil prices eased.

3. Crude oil prices fell by around 1 per cent on Tuesday after US President Donald Trump put pressure on the OPEC or Organization of the Petroleum Exporting Countries to not cut supply to prop up the market.

4. Retail inflation rate, which includes food and energy prices, dropped sharply in October to 3.31 per cent on a year-on-year basis, the slowest pace in 13 months and below the Reserve Bank of India’s (RBI) medium-term target of 4 per cent for a third straight month, official data showed on Monday evening.

5. Separate data, released on the same day, showed growth in industrial production – or factory activity – stood at 4.5 per cent in September, as against an upwardly revised 4.7 per cent in the previous month.

Courtesy By :- NDTV