Equity markets log gains for 2nd day: power shares advance

Mumbai:  Equity benchmarks Sensex and Nifty closed higher for the second straight session on Tuesday, helped by buying in power and utility stocks amid positive quarterly numbers announced by heavyweight companies.

However, foreign fund outflows and a muted trend in global equities capped the gains, traders said. In a highly volatile trade, the 30-share BSE Sensex rose 74.61 points or 0.12 per cent to settle at 60,130.71. During the day, it hit a high of 60,268.67 and a low of 60,202.77

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