People walk past the BSE building in Mumbai
People walk past the BSE building in MumbaiReuters

BSE index ended up at 25,521 points with an incline of 330.71 points at 1.31 percent change, while Nifty reached 7631.70 points, surging 98.15 points with a 1.3 percent change.

Day's High: 52,545.90 Day's Low: 25,104.50
52 week High: 25,735.90 52 week Low: 17,448.70

"We have seen a minor correction, and it's giving an entry point to people who were not part of the earlier rally. Markets are likely to trade range-bound till the budget and we may see some portfolio shuffling," Reuters quoted Suresh Parmar, head of institutional equities at Khandelwal Jain Management Consultancy (KJMC).

"It's still a buy-on-dip market and the outlook is positive," he added.

Price of six stocks declined among 30 listed companies in BSE index. They include Bajaj Auto, Cipla Ltd, Dr. Reddy's Laboratories, Hero MotoCorp Ltd and Hindustan Unilever Ltd.

Hang Sent Index closed at 23,203.59 points, with a decline of 97.08 points and a 4.02 percent change, while Japan's Nikkei 225 closed at 14,975.97 points, with an incline of 42.62 points and a 0.29 percent change.

Top Gainers:

Name/Symbol Price in INR Change (in points) Percent change
JPINFATECH 33 +3.75 +12.82
IRB Infra 209.60 +15.20 +7.82
IFCI 40.20 +2.15 +5.65
Hindustan Corp 114.15 +6.00 +5.55
Federal Bank 125.10 +5.95 +4.99

INR strengthened at 60.1350 a dollar, with change of 0.0300 points and 0.05 percent. However, it opened weak at early trade at 60.3525 per dollar. Moreover, among 13 Asia-Pacific currencies, six currencies inclined among INR while the remaining seven declined.

Top Losers:

Name/Symbol Price in INR Change (in points) Percent change
Suzlon Energy 29.50 -1.55 -4.99
Sun TV Network 434.10 -9.80 -2.21
Godrej Cons 813.55 -17.80 -2.14
Bhushan Steel 406.85 -8.05 -1.94
Mahindra & Mahindra 1180.80 -19.90 -1.66

Despite concerns regarding Iraq crises, investors helped surge the prices of oil and gases on Tuesday. Brent crude futures closed at $113 per barrel on Tuesday, amid the deteriorating situation in Iraq.

Index Current Change (in points) Percent change
S&P BSE SENSEX 25521.19 +330 +1.31
S&P BSE 100 7750.84 +106.73 +1.40
S&P BSE 200 3116.33 +41.70 +1.36

The standard and poor BSE index of oil and gas touched 11,690.27 at 324.86 incline and 2.86 percent change. The stock price of ONGC touched Rs. 444.55 with an incline of Rs. 17.40 and a 4.07 percent change. Besides, the stock price of Banks and capital goods surged on Tuesday.