Strong global cues, coupled with stronger rupee, drove domestic markets higher in Tuesday's trade. The Nifty50 climbed over 350 points to close above 17,250 levels, a level last seen on September 23, whereas the S&P BSE Sensex surged over 1,300 points to hit a high of 58,099 levels.
Fresh bets across heavyweights like Bajaj Twins, HDFC Twins, Tata Consultancy Services, and Reliance Industries also contributed to gains in the benchmark indices.
The renewed risk appetite among investors spread across broader markets, too, as the Nifty MidCap100, and Nifty SmallCap100 rose over 2 per cent and 1 per cent, respectively. Sectorally,