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MARKETS: Sensex zooms 917 pts, Nifty nears 12K; Titan rises 7{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca}, ITC up 4{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca}


Recouping all its Budget day losses, equity market staged a stellar rebound on Tuesday with the benchmark indices settling over 2 per cent higher. Brisk buying was witnessed across-the-board. Further, recovery in global markets too boosted investor sentiment. Saturday fall was a knee-jerk reaction but as investors realised that the budget will aid in the long-term growth of the economy, the market picked up, analysts said. 

The S&P BSE Sensex today added 917 points or 2.30 per cent to end at 40,789 levels. Barring HUL and Bajaj Auto, stocks in the 30-share Sensex index ended in the green. Titan – up over 7 per cent emerged as the biggest gainer on the index after it announced Q3 results. READ MORE   

On the NSE, the broader Nifty50 index closed at 11,980 levels, up 272 points or 2.32 per cent. Volatility index India VIX declined 9 per cent to 14.33 levels. 

Sectorally, all the indices except media ended in the positive territory. The Nifty Media ended 0.9 per cent lower at 1,777.60 levels. 

In the broader market, the Nifty Midcap index gained over 1 per cent to 6,631 levels while the Nifty Small Cap index climbed 2 per cent to 2,978-mark. 


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