Mumbai, March 5 -- The domestic equity benchmarks erupted with significant gains on Tuesday. The Nifty soared above the 22,330 mark, shattering a ten-day losing streak. The market's dramatic turnaround was fueled by buoyant global market sentiment, propelling all sectoral indices on the NSE into positive territory. Metal and PSU bank shares spearheaded the rally, demonstrating robust performance. Yet, traders remained cautious, as trade war anxieties haunted global markets. US tariffs triggered retaliation, fanning fears of a widespread conflict.
The S&P BSE Sensex jumped 740.30 points or 1.01% to 73,730.23. The Nifty 50 index surged 254.65 points or 1.15% to 22,337.30.
Adani Ports & SEZ (up 5.02%), Adani Enterprises (up 4.57%), Mahindr...
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