Indian Stock Market Soars: Sensex Jumps 1,131 Points Amid Global Optimism and Lower Crude Oil Prices on Tuesday

India's stock market experienced a significant rally on Tuesday, with the BSE Sensex surging 1,131.31 points, or 1.53%, to close at 75,301.26. The NSE Nifty also climbed 325.55 points, or 1.45%, to reach 22,834.30. This surge was fueled by positive global cues, lower crude oil prices, and a weaker dollar, which boosted investor confidence. Major gainers included Zomato, ICICI Bank, Mahindra & Mahindra, and Larsen & Toubro. Conversely, Bajaj Finserv, Bharti Airtel, Tech Mahindra, and Reliance Industries lagged. Sectorally, realty, industrials, and financial services led the gains. Global markets also showed positive trends, with Asian and European equities rising. However, concerns remain regarding continued foreign institutional investor (FII) outflows and potential impacts from tariffs. On Monday, FIIs offloaded equities worth Rs 4,488.45 crore, while Domestic Institutional Investors (DII) bought worth Rs 6,000.60 crore. Brent crude oil prices increased by 1.48% to USD 72.12 a barrel.