Mumbai, March 18 -- The bulls roared back into Dalal Street on Tuesday, as both domestic and foreign investors pumped for Indian equities, sending the markets up by the highest margin in more than a month. Experts said the sharp correction seen over the past six months encouraged investors to buy as stocks fell to attractive levels.

Broader indices of the smallcap and midcap variety joined the party on Tuesday as both benchmark indices-NSE Nifty 50 and BSE Sensex-spurted more than 1.5%, making investors richer by a staggering Rs.7 trillion, according to data from BSE.

This was the biggest rise the indices have seen since 4 February, when they rose about 1.6%, and the fifth time this month in 11 trading days that the Nifty 50 has ended i...