Sensex soars 834 pts as bulls make a comeback

Mumbai, January 19

Reversing two days of heavy losses, the Sensex posted its biggest jump in almost four months on Tuesday as investors returned to buying mode amid expectations of fresh stimulus in the US and other economies.

A recovering rupee and persistent foreign capital inflows further buoyed sentiment, traders said.

The BSE Sensex soared 834.02 points to close at 49,398.29. It was its biggest single-day gain since September 25, 2020, when it had climbed 835 points.

Similarly, the NSE Nifty rallied 239.85 points to finish at 14,521.15. — PTI