The 30-share Sensex settled 558.22 points or 1.47 percent higher at 38,492.95 while the NSE barometer Nifty climbed 168.75 points or 1.52 per cent to end at 11,300.55.
Major gainers in the Sensex pack were Ultratech Cement, TCS, Kotak Mahindra, M&M, Maruti, IndusInd Bank, Bajaj Auto, Tech Mahindra, Bajaj Finserve, HDFC, Bajaj Finance and HCL Tech, rising upto 7.17 percent. On the other hand, ICICI Bank, Nestle, Asian Paints, ONGC and ITC ended in the red, falling upto 1.84 percent.
On the forex market front, the Indian rupee settled flat at 74.84 against the US dollar.
In the previous session on Monday, the BSE Sensex slipped 194.17 points or 0.51 per cent to settle at 37,934.73. Likewise, the broader NSE Nifty closed 62.35 points or 0.56 per cent lower at 11,131.80.
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