Indian markets are heading towards a positive close on Tuesday. The markets have remained positive during the trading session. At 14.28 IST, BSE Sensex is up by 105 points while NSE Nifty was up by nearly 0.61% at 5350.

Among major gainers in today’s trade were Cairn India, Jaypee Associates, Hindalco, Sesa Goa, Sterlite, BPCL, ICICI Bank and IDFC.

Among major losers were auto majors Hero Motorcorp and Maruti Suzuki. TCS, DLF, M&M were marginally lower.

IIFL has given buy call for L&T with target of Rs 1387. BP Equities has given buy call for Pratibha Industries with target price of Rs 57. The stock is currently trading at Rs 47.

Indian markets are expected to close positive today. European markets have opened marginally lower.