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Sensex rallies for second straight day

December 28, 2022 00:00:00

Indian equity benchmarks rallied for the second straight session on Tuesday, driven by improved risk sentiment buoyed by China reopening, bolstering hopes for a resurgence in demand in the world's second-largest economy, according to NDTV.

The BSE Sensex index surged 361.01 points, or 0.6 per cent, to close at 60,927.43, and the broader NSE Nifty-50 index jumped 117.7 points, or 0.65 per cent, to end at 18,132.30.

Domestic benchmarks had reversed course to rally sharply on Monday in a low-volume session, stalling a four-day losing streak, with the Sensex rallying 721.13 points, or 1.2 per cent, to close at 60,566.42, and the Nifty rose 207.80 points, or 1.17 per cent, to end at 18,014.60.

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