Sensex soars 834 points as bulls make a comeback on stimulus hopes

HDFC twins, Reliance Industries and ICICI Bank accounted for almost half of the benchmark's gains

Reversing two days of heavy losses, the Sensex posted its biggest jump in almost four months on Tuesday as investors returned to buying mode amid expectations of fresh stimulus in the US and other economies.

A recovering rupee and persistent foreign capital inflows further buoyed sentiment, traders said.
 

The 30-share BSE Sensex soared 834.02 points or 1.72 per cent to close at 49,398.29. It was its biggest single-day gain since September 25, 2020, when it had climbed 835 points.
 

Similarly, the broader NSE Nifty rallied 239.85 points or 1.68 per cent to finish at 14,521.15.
 

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