New Delhi, India (BBN)-The Sensex and the Nifty rose for a fifth consecutive session on Tuesday to mark their longest winning streak since mid-June as Tata Motors rose over optimism about its Jaguar Land Rover unit, while other blue-chips tracked gains in regional markets.
However, bigger gains were muted as benchmark indexes saw technical resistance at their respective 200-day exponential moving average, while profit-taking also weighed, reports The Hindu.
Caution also prevailed ahead as Infosys is due to post its July-September results on October 12, unofficially kicking off the earnings reporting season.
“Follow-up buying is somewhat missing after recent swift moves. The trend remains positive,” said Deven Choksey, managing director at K R Choksey Securities.
The 30-share BSE index ended higher by 147.33 points or 0.55 per cent at 26,932.88 after touching an intraday high of 27,010.27, its highest level since August 21.

The 50-share NSE index was up 33.6 points or 0.41 per cent at 8,152.90, after rising as much as 8,180.95, also its highest intraday level since August 21.
Among BSE sectoral indices, consumer durables index gained the most by 4.3 per cent, followed by FMCG 2.41 per cent, metal 2.4 per cent and oil & gas 1.92 per cent. On the other hand, IT index was down 1.18 per cent, followed by TECk 0.82 per cent and banking 0.23 per cent.
Top five Sensex gainers were Tata Motors (+5.81%), ITC (+4.21%), Coal India (+4.02%), Cipla (+3.36%) and GAIL (+3.17%), while the major losers were BHEL (-2.82%), Infosys (-2.17%), Maruti (-1.32%), NTPC (-1.3%) and Axis Bank (-1.05%).
Tata Motors gained on data and news pointing towards likely improvement in business prospects in India and abroad.
Coal India rose after Credit Suisse upgraded the stock to “outperform” from “neutral” citing power distributors’ restructuring and attractive valuations.

Infosys stock fell capping the gains of broader markets on caution ahead of its July-September results on October 12.
A report by SMC Global said: ‘Market is likely to continue the positive trend. USstock futures pointed higher, after weak US jobs data prompted expectations that the Federal Reserve might postpone an interest rate hike.
The prospect of a delay in the US Federal Reserve’s plan to raise interest rates and signs of some stability in oil and commodity markets boosted Asian stocks.US ISM Non-Manufacturing Index Slips Lower.
The US Institute for Supply Management (ISM) non-manufacturing index decreased to 56.9 in September 2015 from 59.0 in August and a decade-high reading of 60.3 recorded in July.
Market expectations had been for a slightly smaller decline to 57.5.
The decrease in September reflected sizable declines in half of the main sub-components (new orders and business activity), both of which had surged to multi-year highs in July.”
GLOBAL MARKETS
European shares fell on Tuesday following strong gains in the previous session, with Germany underperforming after reporting industrial orders unexpectedly fell in August.
The pan-European FTSEurofirst 300 fell 0.5 per cent to 1,405.41 points. The DAX was down 0.7 per cent.
Fading expectations that the US Federal Reserve will raise interest rates this year and a bounce in oil and commodity prices helped lift Asian stocks to two-week highs on Tuesday.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent, touching its highest levels since Sept. 18.
BBN/SK/AD