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

A relief rally in global markets helped the Indian equities snap their two-day losing streak. The S&P BSE Sensex 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 Bajaj Finance 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.

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