New Delhi, June 25 -- The Sensex logged 311-point gain on Tuesday as the Brent crude prices retreated after a sharp rise during the past few sessions over US-Iran tension.
Buying was seen in the beaten down steel companies such as JWS Steel and Tata Steel. Besides, index-heavyweight Reliance Industries finished among the top of the Nifty 50 companies.
A total of 35 out of 50 constituent companies of Nifty 50 advanced, while 15 ended lower. The BSE Sensex closed 311 points higher at 39,434.94 and the Nifty settled at 11,796.45 after both the indices opened lower.
Although the indices closed higher, markets have witnessed a lack of participation over the last fortnight.
Investors are cautious ahead of the Union Budget, set to be tabled on...