Markets rally for second day; Sensex jumps over 800 points
The Indian stock market recorded a second consecutive session of gains as the BSE Sensex climbed over 800 points on Tuesday. This upward movement reflects a recovery in investor sentiment following recent volatility in the domestic indices.
The 30-share BSE Sensex showed strong momentum throughout the trading session, jumping 827.57 points, or 1.08%, to settle at 77,569.39. During intraday trading, the benchmark index reached a high of 77,642.23, representing a surge of 900.41 points or 1.17%.
Market analysts attributed the rally to a combination of value buying in blue-chip stocks and positive cues from global markets. The banking and IT sectors were among the primary contributors to the gains, helping the index maintain its position above key psychological levels by the closing bell.
This two-day winning streak provides a temporary reprieve for investors after a period of prolonged selling pressure. The broader market sentiment turned positive as most sectoral indices ended the day in the green, supported by steady institutional inflows. Source: PTI
