Sensex surges 1,109 points, Nifty closes above 22,700 as IT stocks lead market recovery

Mumbai: Indian equity markets staged a strong recovery on Tuesday, with benchmark indices closing sharply higher as a rally in information technology (IT) stocks, supported by optimism over corporate earnings, boosted investor sentiment. The BSE Sensex surged 1,109.10 points, or 1.54 per cent, to settle at 73,033.78, while the NSE Nifty 50 gained 358.60 points, (…)

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