It was a good day for Nifty as it ended about 0.94 per cent up while Sensex gained around 559 points.

The top 5 gainers of Sensex were HCL Technologies, Tata Steel, Tech Mahindra, Wipro, and Titan Company. Whereas, the only loser on the Sensex was Power Grid Corporation.

The frontline equity indices Sensex and Nifty 50 were seen trading at 56,848 and 16,926 levels, respectively, recovering the losses from the last trading session.

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The breakout has been witnessed along with a huge spike in the volumes as the stock has registered highest single-day volume since August 30, 2021. Interestingly, the 14-period daily RSI has honoured the RSI super bullish range Shift rule.

Ginni Filaments Ltd, which is engaged in manufacturing ultrafine combed cotton yarn & knitted fabrics, has performed exceptionally well, reporting a net profit of Rs 41 crore, which is 720 per cent greater than the previous financial year. 

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After Monday's unpleasant event, on Tuesday,  the BSE Sensex has taken a U-turn and jumped up by 853 points gaining the level of 56,723. 

Shares of Globus Spirits skyrocketed by more than 10 per cent to touch an intra-day high of Rs 1,299.90 per share on NSE. Scrip of Piramal Enterprises climbed more than 4 per cent during early markets to record an intra-day high of Rs 2,554 per share on NSE.

On Tuesday, the benchmark indices have made a decent gap up opening and are cheering, with Sensex up by more than 800 points higher while Nifty is more than 240 points up. Amid the bullish environment prevailing in the markets on Tuesday, the stock of Tech Mahindra has outperformed the benchmark indices gaining up to 3.06 per cent.