The Nifty IT index closed 0.05 per cent down at 29116.85.

The Nifty Bank index closed 0.74 per cent up at 40873.1.

The Nifty Auto index closed 0.06 per cent up at 13264.15.

The benchmark 10-year government bond yield ended at 7.1077%, lowest since Apr. 27. It had risen five bps in last two sessions, to end at 7.1811% on Monday. The 10-year 7.26% 2032 bond yield ended at 7.0789%, after closing at 7.1354% on Monday.

“There could be a little bit of softness in terms of growth kicking in over the next six to nine months but having said that, India is a much more domestic growth story. We should comfortably be able to have a growth of 6-7% this year and get back to 7% growth in FY24-FY25.”

The Nifty Pharma index closed 0.24 per cent up at 12745.6.

For the quarter ended June 30 2022, the company reported consolidated net sales of Rs 1,228.23 crore, up 20.89 per cent from the year-ago quarter's net sales of Rs 1,015.91 crore. The company reported a net profit of Rs 164.45 crore for the latest quarter.

The 30-share BSE Sensex closed up 455.95 points at 60571.08