Benchmark Nifty 50 ended over 1.5% higher on Tuesday, rebounding from the previous session's sharp selloff, as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations. The rally also comes ahead of the Reserve Bank of India’s policy decision on April 9, with expectations of a 25 basis point rate cut.
The Nifty surged 375 points, or 1.69%, to close at 22,535, while the Sensex rose 1,089 points, or 1.49%, to end at 74,227. During the session, the Sensex had climbed over 1,700 points.
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