Market Closing Updates: Due to strong inflows from foreign investors and improved economic conditions, benchmark indices closed the day higher, with the Sensex and Nifty both closing over 60,000 and 18,000, respectively.

NSE Nifty closed up 133.70 points or 0.75 percent at 18,070.05, while the BSE Sensex ended the day up 455.95 points, or 0.76 percent, at 60,572.08. A total of 1,865 shares rose, 1,632 shares declined, and 103 shares were ended flat.

Major Sensex gainers included Bajaj Finserv, IndusInd Bank, Bharti Airtel, Titan, and Bajaj Finance. BSE SmallCap closed up 0.24 percent, BSE LargeCap up 0.70 percent, and BSE MidCap up 0.32 percent.

Mid-cap and small cap indices gained over 0.2 percent, outperforming their larger counterparts, while the wider indices underperformed. The FMCG, finance, industrials, and metal gauges had the biggest gains among the 14 sectors indices that the BSE put together.

Metals, banking, capital goods, and FMCG indices all increased more than oil & gas and real estate indices did.

Amidst expectations that Tuesday's US consumer price data will confirm predictions that inflation there is close to peaking, Asian shares continued the worldwide rise in risk assets.

With Merger and Acquisition discussion and expectations for a lower US inflation number, European equities rose on Tuesday for the fourth straight session.

Int'l Markets: Sterling rises as the dollar fluctuates

Govt plans USD 2.5 bn compensation to oil companies

Top cryptocurrencies, Bitcoin prices today September 13