The Sensex surpasses the 70,000 mark, while the Nifty achieves a new record high. GTL Infra and Safari Industries experience gains of up to 8%.

On the Bombay Stock Exchange (BSE), GTL Infrastructure, Safari Industries, Sonata Software, J&K Bank, and BLS International Services saw significant increases, with gains of up to 8.06 percent. Indian stock indices continued their upward trend for the third consecutive session on Tuesday, primarily driven by advances in consumer and state-owned banking sectors. The 30-share BSE Sensex gained 88 points or 0.13 percent, reaching 70,016, while the broader NSE Nifty index rose 34 points or 0.16 percent, setting a new all-time high of 21,031.50. The broader market, including small- and mid-cap shares, also posted gains, with Nifty Midcap 100 rising by 0.21 percent and small-cap climbing by 0.58 percent. The India VIX fear index decreased by 0.52 percent to the 12.69 level.

Globally, Asian shares were trading higher, and all three major Wall Street indexes achieved new 2023 closing highs before key economic data and the US Federal Reserve's monetary policy decision. In the domestic market, foreign portfolio investors (FPIs) bought Indian shares worth Rs 1,261.13 crore in the previous session, while domestic institutional investors (DIIs) sold shares worth Rs 1,032.92 crore. Market participants were also anticipating the release of November's retail inflation data scheduled for 5:30 pm.