Indian shares posted their second straight session of gains on Tuesday, after exit polls showed a likely first-time victory for Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) in the key northeastern state of Assam, raising hopes about its reform agenda.

 

The broader NSE Nifty closed up 0.38 percent at 7,890.75, after rising 0.59 percent in the last session, while the benchmark BSE Sensex ended 0.47 percent higher at 25,773.61.

 

In the 50-share index, ONGC, Axis Bank, UltraTech Cement, HDFC and BPCL gained between 2.39 per cent and 3.81. On the other hand, Eicher Motors, NTPC, Aurobindo Pharma, Adani Ports and Kotak Mahindra Bank slid between 1.40 per cent and 2.39 per cent.