New Delhi, March 24 -- The Nifty erased its entire losses for the year as the market rose for a sixth straight session, buoyed by hopes of limited impact from the reciprocal US tariffs that kick in next week. The charge of the bulls has also put India on course to becoming this month's best-performing major global market, from the worst-performing one in the five months through February 2025.

The surge also comes exactly five years after India imposed a nationwide pandemic lockdown, a day when the Nifty saw losses since the start of the month touch 33%. On Monday, the Nifty rose 1.32% to 23,658.35, while the Sensex rallied 1.4% to 77984.38. However, the Sensex fell short of erasing its losses by 155 points.

The rally from the low in ear...