Here's the simplest explanation of what is happening at Dalal Street today

The markets are trading at their day's highs on Tuesday as three days of sustained selling on blue chips saw some traders covering a part of their short positions and booking profit while a few brave investors made feeble attempts at hunting for value in a market that is trading near 14-month lows. Here is a snapshot of the cash segment on the National Stock Exchange, on Tuesday.

MAJOR BENCHMARKS
Nifty added 1.3% to 7,658 points
Sensex rose 313 points to 25,207 points
CNX 100 Index rose 1.2% to 7,784 points
CNX 500 Index added 1% to 6,387 points


SECTOR INDICES
CNX Realty leapt 5.2%to 160 points
CNX PSU Bank soared 3.6% to 2.969 points
Bank Nifty jumped 3% to 16,264 points

CNX FMCG fell 0.9% to 19,177 points
CNX Pharma slipped 0.4% to 12,190 points


TOP NIFTY GAINERS
Yes Bank
GAIL
Tata Steel
Bank of Baroda
BHEL

TOP NIFTY LOSERS
Hind Unilever
Cairn
Cipla
Reddy's
Lupin

TOP TRADED ON NIFTY
Axis Bank
Yes Bank
ICICI Bank
SBI
Tata Elxsi

NEW LOWS
Adani Ent
BGR Energy
Andhra Bank

NEW HIGHS
Abbott India

ADVANCE-DECLINE RATIOS:
Nifty: 40/10
Sensex: 22/8
Futures: 41/119
Broader market:1,199/1,287


(Image credits: Indiatimes)