Indian stock markets saw a strong rally as the Sensex surged by over 600 points and the Nifty crossed the 24,350 mark.
Tuesday’s trading saw a shift as investors flocked to heavyweight financial stocks, which were considered attractively valued, especially with anticipation growing around the U.S. presidential election. IT stocks also outperformed, helping boost the indices. This recovery reversed earlier losses and highlighted investors’ confidence in key sectors, positioning the Indian market well ahead of the global event.