Mumbai, Jan. 28 -- Key equity benchmarks staged a rebound on Tuesday, snapping a two-day losing streak, after the Reserve Bank of India (RBI) announced measures to enhance liquidity in the banking system. The benchmark Nifty index closed above the 22,950 mark, driven by gains in realty and financial services stocks, benefiting from the improved liquidity conditions.

However, the broader market underperformed, with midcap and smallcap indices correcting by 0.6% and 1.7%, respectively. This divergence suggests that investor optimism remains cautious, with concerns about the broader economic outlook persisting.

The S&P BSE Sensex surged 535.24 points or 0.71% to 75,901.41. The Nifty 50 index advanced 128.10 points or 0.56% to 22,957.25.

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