BREAKING | Stock Market: Sensex Reclaims 59,000, Up 1,200 Points; Nifty Trades Above 17,650

After a drastic fall on Monday, Sensex and Nifty, the two key equity benchmarks, bounced back on Tuesday. The two indices have gathered steam due to buying across all sectors. The frontline indices — Nifty50 rose over 300 points to trade above 17,600 levels and the S&P BSE Sensex 1,050 points to reclaim 59,000 mark. The two benchmark indices were trading up by 2 points each.

At 2 pm, the BSE Sensex was trading at 59,154, up 1,182 points, while the broader Nifty was up 339 points to 17,651.

On the BSE, all the 30-share constituents were in the green. Bajaj Finserv was the lead gainer, up 5.09 per cent. The other notable gainers were TechM, IndusInd Bank, Bajaj Finance, Maruti, and SBI.

Broader markets also have reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged over 1 per cent each.

Among sectors, all sectors were trading in the positive zone with Nifty Auto and Nifty Realty indices rising over 2 per cent each.

(This is BREAKING NEWS… More details to follow)