Today, there has been a sharp rise in domestic markets due to positive signals from foreign markets. Due to better signals, investors today bought strong stocks, due to which the domestic stock market closed on Tuesday with the best performance in Asian markets. In today’s trade, the Sensex has gained 558 points to 38,493 and the Nifty has gained 169 points to close at 11,301. The auto sector saw the highest growth in today’s business.

On the other hand, European stock markets are seeing an increase today. Expectations of a new relief package in the US and new positive news on the vaccine being prepared for the corona virus have bolstered the market. At the close of the domestic market, England’s FTSE 100 was up 0.47 per cent, Germany’s DAX was up 0.36 per cent and Switzerland’s Swiss market index was up 0.41 per cent. At the same time, France’s CAC 40 was also seeing a limited lead. Meanwhile, Europe’s Euronext 100 was up 0.24 percent. There were signs from Asian markets. In today’s business, markets in Australia, Japan and Taiwan declined. Markets of China and Hong Kong closed at the same time.

The auto sector has seen the most gains in Tuesday’s business. The index closed up 3.21 percent. Twelve out of the 14 stocks included in the index closed up. Tata Motors and Mahindra Mahindra have seen a rise of more than 4-4%. At the same time, IT and metal sector index closed higher by 2-2 percent. The pharma, energy and FMCG sectors saw growth of less than 1 per cent.