Equity benchmarks defy global cues, finish nearly 1% in the green

Equity benchmarks shrugged off lacklustre global cues to clock gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and the HDFC twins.

However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72. The broader NSE Nifty climbed 158.45 points or 0.89 per cent to 18,053.30.

Larsen & Toubro topped the Sensex gainers chart with a jump of 3.51 per cent, followed by Hindustan Unilever, HDFC, HCL Technologies, HDFC Bank, and Reliance Industries. In contrast, SBI,