Equity benchmark Sensex improved to over 1,300 points in early trade on Tuesday, leading to gains in bank, IT and auto stocks amid recovery in global equities. After hitting a high of 28,963.25, the 30-share BSE barometer was trading 1,127.57 points or 4.09 percent higher at 28,718.52.
Similarly, the NSE Nifty shot up to 347.95 points, or 4.30 percent, to 8,431.75. IndusInd Bank was the top gainer in the Sensex pack, surging up to 15 percent, followed by Mahindra and Mahindra, HCL Tech, ICICI Bank, Axis Bank and Infosys.
Contrarily, Bajaj Finance was the sole loser.
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