India's benchmark stock indices extended gains for the fifth day in a row to close at a record high on Tuesday, as public sector banks, media, and non-banking financial companies gained.
Intraday, the Sensex jumped 0.72% to a record high of 65,672.97 points. The Nifty 50 rose 0.58% to 19,434.15 points.
Japan's Topix fell, Hong Kong's Hang Seng rose, and shares in South Korea fluctuated as globally investors turned their attention to risks for the economy and the prospects of further restrictive central bank policy moves.
With no cash trading in U.S. equities Tuesday due to the Independence Day holiday, futures contracts on the S&P 500 and the Nasdaq 100 were little changed.
The S&P BSE Sensex closed 274 points, or 0.42%, higher at 65,479.05, while the NSE Nifty 50 gained 67 points, or 0.34%, to end at 19,389.
Bajaj Finance Ltd., Bajaj Finserv Ltd., Infosys Ltd., Kotak Mahindra Bank Ltd., and TCS Ltd. positively contributed to changes in the Nifty.
Axis Bank Ltd., Bharti Airtel Ltd., Eicher Motors Ltd., IndusInd Bank Ltd., and Reliance Industries Ltd. weighed on the index.
The broader market indices ended mixed, with the S&P BSE MidCap falling 0.22% and the S&P BSE SmallCap rising 0.05% at the close of trading on Tuesday.
Ten out of the 19 sectors compiled by BSE Ltd. declined, with S&P BSE Telecommunication falling the most. Nine sectors advanced.
The market breadth was skewed in favour of the sellers. About 1,636 stocks rose, 1,861 declined, and 126 remained unchanged on the BSE.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.