India, March 18 -- Indian shares rallied on Tuesday to scale a one-month peak, mirroring firm cues from global markets after data showed U.S. retail sales rebounded marginally in February, helping ease recession concerns.
Investor sentiment was also underpinned by a weaker dollar and optimism over China's economy fueled by the latest economic stimulus initiatives to boost consumption.
The benchmark 30-share BSE Sensex jumped 1,131.31 points, or 1.53 percent, to 75,301.26 while the broader NSE Nifty index closed at 22,834.30, up 325.55 points, or 1.45 percent, from its previous close.
The BSE mid-cap and small-cap indexes surged 2.1 percent and 2.7 percent, respectively.
The market breadth was positive on the BSE, with 2,833 shares risin...