<p>Mumbai: The BSE benchmark index Sensex jumped 1,131 points to revisit the 75,000 level on Tuesday and the NSE Nifty surged 1.45 per cent powered by widespread buying amid a bullish trend in global equities.</p>.<p>Extending its previous day's rally, the 30-share BSE Sensex jumped 1,131.31 points or 1.53 per cent to settle at 75,301.26. During the day, it soared 1,215.81 points or 1.63 per cent to 75,385.76.</p>.<p>The NSE Nifty surged 325.55 points or 1.45 per cent to 22,834.30.</p>.<p>From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers.</p>.Pact with New Zealand could boost trade 10-fold in 10 years, says trade minister Piyush Goyal.<p>However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.</p>.<p>Shares of Bajaj Finserv declined over 1 per cent after the financial services firm signed share purchase agreements to acquire a 26 per cent stake owned by Allianz SE of Germany in its insurance businesses Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.</p>.<p>Among Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the positive territory.</p>.<p>European equity markets were trading with gains. US markets ended higher on Monday.</p>.<p>"The benchmarks witnessed a strong recovery, driven by favourable global trends and domestic tailwinds. Improved retail sales data from the US and China boosted investor confidence while mid and small-cap stocks outperformed, with all major sectors registering gains.</p>.<p>"The anticipated rebound in domestic earnings, along with a recent decline in the dollar index and lower crude prices, is expected to support this recovery," Vinod Nair, Head of Research, Geojit Financial Services, said.</p>.<p>However, continued FII outflows, driven by higher risk-free rates and the appeal of markets like China, along with tariff uncertainties, keep investors cautious during this phase, he added.</p>.<p>Global oil benchmark Brent crude climbed 1.48 per cent to $72.12 a barrel.</p>.<p>Foreign institutional investors (FIIs) offloaded equities worth Rs 4,488.45 crore on Monday, while Domestic Institutional Investors (DII) bought worth Rs 6,000.60 crore, according to exchange data.</p>.<p>The Sensex climbed 341.04 points or 0.46 per cent to settle at 74,169.95 on Monday, snapping its five-day losing run. The Nifty rose by 111.55 points or 0.50 per cent to 22,508.75. </p>
<p>Mumbai: The BSE benchmark index Sensex jumped 1,131 points to revisit the 75,000 level on Tuesday and the NSE Nifty surged 1.45 per cent powered by widespread buying amid a bullish trend in global equities.</p>.<p>Extending its previous day's rally, the 30-share BSE Sensex jumped 1,131.31 points or 1.53 per cent to settle at 75,301.26. During the day, it soared 1,215.81 points or 1.63 per cent to 75,385.76.</p>.<p>The NSE Nifty surged 325.55 points or 1.45 per cent to 22,834.30.</p>.<p>From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers.</p>.Pact with New Zealand could boost trade 10-fold in 10 years, says trade minister Piyush Goyal.<p>However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.</p>.<p>Shares of Bajaj Finserv declined over 1 per cent after the financial services firm signed share purchase agreements to acquire a 26 per cent stake owned by Allianz SE of Germany in its insurance businesses Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.</p>.<p>Among Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the positive territory.</p>.<p>European equity markets were trading with gains. US markets ended higher on Monday.</p>.<p>"The benchmarks witnessed a strong recovery, driven by favourable global trends and domestic tailwinds. Improved retail sales data from the US and China boosted investor confidence while mid and small-cap stocks outperformed, with all major sectors registering gains.</p>.<p>"The anticipated rebound in domestic earnings, along with a recent decline in the dollar index and lower crude prices, is expected to support this recovery," Vinod Nair, Head of Research, Geojit Financial Services, said.</p>.<p>However, continued FII outflows, driven by higher risk-free rates and the appeal of markets like China, along with tariff uncertainties, keep investors cautious during this phase, he added.</p>.<p>Global oil benchmark Brent crude climbed 1.48 per cent to $72.12 a barrel.</p>.<p>Foreign institutional investors (FIIs) offloaded equities worth Rs 4,488.45 crore on Monday, while Domestic Institutional Investors (DII) bought worth Rs 6,000.60 crore, according to exchange data.</p>.<p>The Sensex climbed 341.04 points or 0.46 per cent to settle at 74,169.95 on Monday, snapping its five-day losing run. The Nifty rose by 111.55 points or 0.50 per cent to 22,508.75. </p>