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Sensex Soars 500 Points, Nifty Near 12,150 As Global Markets Rebound

Anindita Ghosh 0
Sensex Soars 500 Points, Nifty Near 12,150 As Global Markets Rebound

Gains across sectors except IT stocks pushed the markets higher

Domestic stock markets started Tuesday’s session on a strong note a day after plunging nearly 2 per cent amid surging crude oil prices and tensions in the Middle East. Equities in Asian peers rebounded as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed. The S&P BSE Sensex index rose as much as 518.12 points to touch 41,176.27 in early trade, and the broader NSE Nifty benchmark climbed to as high as 12,142.65, up 149.6 points from the previous close. Gains across sectors except information technology shares pushed the markets higher.

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