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	Benchmark indices snapped their nine-day losing streak, helped by gains in Reliance, ITC. and State Bank of India, to end Tuesday&#39;s volatile session with gains.<br />
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	The S&P BSE Sensex ended the day 228 points, or 0.61 per cent, higher at 37,319, with Sun Pharma, Bharti Airtel, Vedanta, IndusInd Bank, and State Bank of India among the top gainers. While Sun Pharma gained nearly 6 per cent, the rest of the above-mentioned counters moved up 2.3 per cent to 5.4 per cent. Of the 30 BSE constituents, 16 ended in the green.<br />
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	The broader Nifty50 index finished 74 points, or 0.66 per cent, higher at 11,222. About 897 stocks advanced and 875 shares declined on the NSE.<br />
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	Among sectoral indices, the Nifty PSU Bank index made the maximum gain, up almost 3 per cent, while Nifty Pharma index also rose 1.5 per cent.&nbsp;Nifty IT index ended the day in red, down 1.2 per cent.<br />
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	In the broader market, the S&P BSE MidCap index rose 88 points, or 0.62 per cent, at 14,213, while the&nbsp;S&P BSE SmallCap index was up 42 points, or 0.30 per cent, at&nbsp;13,844 level.<br />
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	<strong>BUZZING STOCKS</strong><br />
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	Shares of Tata Steel traded lower for the ninth straight day on Tuesday, down 0.39 per cent on the BSE, at Rs 462.75 apiece. The stock has been falling ever since concerns over the European Commission&#39;s (EC) likely rejection for the proposed joint venture between the company&#39;s European arm and ThyssenKrupp surfaced. <a href="https://www.business-standard.com/article/markets/tata-steel-nears-52-week-low-on-concerns-of-no-deal-with-thyssenkrupp-119051400194_1.html?1557810201" target="_blank"><strong>READ MORE</strong></a><br />
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	Jet Airways (India) slumped 7.42 per cent to Rs 129.10 on the BSE on Tuesday on a news report that Etihad Airways had put in stiff conditions in its bid that includes substantial write down of the Rs 9,000-crore loan. <a href="https://www.business-standard.com/article/markets/jet-airways-skids-10-on-etihad-s-non-binding-offer-deputy-cfo-resigns-119051400172_1.html?1557810201" target="_blank"><strong>READ MORE</strong></a><br />
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	<strong>GLOBAL MARKETS & OIL</strong><br />
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	Fresh volleys in the US-China tariff war pressured Asian shares on Tuesday, but comments from US President Donald Trump that he expects trade negotiations to be successful eased some worries.<br />
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	MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan was down 1.1 per cent on Tuesday afternoon. The index had earlier fallen as much as 1.25 per cent to its lowest since January 30.</div>
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	Brent crude futures were at $70.40 a barrel, up 38 cents or 0.24 per cent. US West Texas Intermediate (WTI) crude futures were at $60.92 per barrel, down 12 cents or 0.2 per cent.<br />
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	<strong>(With inputs from Reuters)</strong></div>

Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200

Business Standard

Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200 | News on Markets - Business Standard

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Nifty Auto index hits 3-year low; down 12% in a month

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	Shares of automobile and auto-related companies were under pressure with Nifty Auto index hitting 3-year low on Tuesday on subdued volume growth and disappointing set of financial numbers for the quarter ended March 2019 (Q4FY19). At 10:27 am, Nifty Auto index was down 1 per cent at 7,860 after hitting an intra-day low of 7,858, its lowest level since April 11, 2016 on the National Stock Exchange (NSE). In the past one month, auto index has plunged 12 per cent, as compared to 4.4 per cent fall in the benchmark Nifty 50 index.<a href="https://www.business-standard.com/article/markets/nifty-auto-index-hits-3-year-low-down-12-in-one-month-119051400270_1.html?1557813060" target="_blank"><strong> READ MORE</strong></a><br />
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Nifty PSU Bank index is trading 1.4% higher

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NEWS ALERT | Promoters of Motherson Sumi create pledge on 15 lakh shares on May 6-7

NEWS ALERT | USFDA issues four observations to Pharmacovigilance

NEWS ALERT | USFDA issues EIR for Lupin's  Pharmacovigilance: CNBC TV18

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	<strong>Last closing: Rs 283<br />
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	Outlook: Positive</strong><br />
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	Operating performance marginally ahead; PAT in-line: During Q4FY2019, GNA Axles (GNA) reported better-than-expected operating performance, reporting an impressive 160 BPS y-o-y margin improvement. Operating margin also improved on a q-o-q basis despite a marginal fall in topline. Revenue at Rs. 242 crore grew strongly by 18% y-o-y (in line with our estimates) attributable to robust export growth, while domestic business was subdued.</div>

Tata Steel nears 52-week low on concerns over no JV with Thyssenkrupp

Shares of Tata Steel were trading lower for the ninth straight day on Tuesday, down 2 per cent in the intra-day trade on the BSE, at Rs 462 apiece on Tuesday during the early morning trade. The stock has been falling ever since concerns over the European Commission&#39;s (EC) likely rejection for the proposed joint venture between the company&#39;s European arm and ThyssenKrupp surfaced. <a href="https://www.business-standard.com/article/markets/tata-steel-nears-52-week-low-on-concerns-of-no-deal-with-thyssenkrupp-119051400194_1.html?1557809746" target="_blank"><strong>READ MORE</strong></a><br />
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Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200

All that happened in the markets today

Delta Corp surges 10%

Adani Power surges over 5%

Nifty Auto index hits 3-year low; down 12% in a month

Nifty PSU Bank index is trading 1.4% higher

Sectoral trends on NSE

Top gainers and losers on S&P BSE Sensex

Market check

Market check

NEWS ALERT | Promoters of Motherson Sumi create pledge on 15 lakh shares on May 6-7

NEWS ALERT | USFDA issues four observations to Pharmacovigilance

NEWS ALERT | USFDA issues EIR for Lupin's Pharmacovigilance: CNBC TV18

IPCA Labs down over 3%

Buzzing | Oberoi Realty loses nearly 5%

Sharekhan on GNA Axles

Tata Steel nears 52-week low on concerns over no JV with Thyssenkrupp