RIL, Bajaj Finance power 777-pt rally in Sensex; Nifty holds 17,200

A relief rally in global helped the Indian equities snap their two-day losing streak. The S&P surged 777 points, or 1.37 per cent, to end at 57,357 levels on Tuesday while the Nifty50 shut shop at 17,200, up 246 points or 1.45 per cent.

Adani Ports, Bajaj Auto, hero MotoCorp, Power Grid, M&M, Titan, Tata Consumer Products, IndusInd Bank, Reliance Industries, and surged between 3.5 per cent and 5.8 per cent. HDFC Life, Cipla, L&T, Divis Labs, Bharti Airtel, Britannia, HUL, Tata Motors, SBI, and Shree Cement, meanwhile, rallied upwards of 2 per cent.

Only ONGC, Apollo Hospitals, Axis Bank, Maruti Suzuki, Hindalco, Wipro, Asian Paints, and TCS ended in the red, down up to 2 per cent.

In the broader markets, the MidCap index added 1.6 per cent and the SmallCap added 0.7 per cent. Sectorally, all the indices ended in the green zone, led by the Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively. 

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