The 30-share index BSE Sensex ended positively on Tuesday, Aug 26 on account of good buying action witnessed ino and banking stocks, whereas oil & gas stocks restricted the gains.

After starting the day on a pessimistic note at 14,338.27, down 112.08 points, the stock index made a smart recovery during late trade.

Asian stocks saw negative trend on Tuesday, led by financial companies on fear that expanding credit-market losses will swipe off business development and income.  

BSE Midcap index gained 0.06%, whilst Smallcap index fell 0.14%.

The Sensex closed the day after gaining 31.87 points at 14,482.22. It also touched an intra-day high of 14,495.27 and an intra-day low of 14,286.38.

In contrast, the broad-based NSE Nifty gained 2.15 points 4,337.50 after hitting an intra-day high of 4,345.05 and an intra-day low of 4,283.30.

The overall market breadth was downbeat. The market witnessed 1,199 advancements as against 1,389 declinations.

The major gainers in the 30-share index included HDFC Bank, Satyam Computer Services, Wipro, Bharat Heavy Electricals, Mahindra & Mahindra and Tata Consultancy Services.

On the other hand, Reliance Industries, Jaiprakash Associates, Tata Steel, Housing Development Finance Corporation, Reliance Communications, and Sterlite Industries (India) were the major losers in the Sensex.