Mumbai: Indian benchmark indices, Nifty 50 and Sensex, rebounded on Tuesday, trading higher after experiencing their sharpest single-day decline in 10 months. The previous drop was triggered by a U.S. tariff-induced selloff that shook investor confidence. Broad-based buying was seen across all sectors.
By 1 pm, the Sensex had climbed 1580.36 points, or 2.16 percent, to trade at 74,718.26, while, Nifty had gained 486.10 points or 2.19% to trade at 22,647.70.
At opening, Sensex was up 1,193.10 points or 1.63 percent at 74,331.00, and the Nifty was up 385.50 points or 1.74 percent at 22,547.10. About 386 shares advanced, 44 shares declined, and 12 shares unchanged.