New Delhi, March 19 -- Domestic equity benchmarks Sensex and Nifty 50 logged their best day in six weeks, closing near one-month highs, after investors bought cheaper stocks hoping the market has bottomed out. The BSE Sensex rose 1,131 points to reclaim the 75,000 level, and the NSE Nifty surged 1.45 per cent, tracking a bullish trend in global equities and intense buying in heavyweights such as ICICI Bank, L&T and M&M counters.

Rising for the second straight session, the 30-share BSE Sensex rose 1.53 per cent to settle at 75,301.26. During the day, it gained 1,215.81 points or 1.63 per cent to 75,385.76. The Nifty rose 325.55 points or 1.45 per cent to 22,834.30. In two days, Sensex has surged 1,472.35 points or 1.99 per cent.

The Nift...