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Sensex, Nifty50 down nearly 6% since last Dussehra, first time in 12 years

The markets witnessed such a fall during this period amid weak global cues, a depreciating Indian rupee, and sharp selling by foreign institutional investors (FIIs)

Photo: Bloomberg
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Photo: Bloomberg

BS Web Team New Delhi

India's benchmark indices on Tuesday rallied over 2 per cent amid a sharp decline in the US Treasury yields following soft economic data. The Sensex rose 1,276 points, or 2.3 per cent, to 58,065, while the Nifty50 index closed at 17,274, with a gain of 387 points. Both the indices on Tuesday logged their highest single-day gains since August 30.
 

However, for the first time in 12 years, Sensex and