Frontline indices whipsawed in trade on Tuesday but eventually ended 1.4 per cent higher as investors gave a thumbs-up to the pro-growth Budget for 2022-23.
The Sensex closed at 58,862, with a gain of 848 points, or 1.46 per cent — and once again turned positive on a year to date basis. Nifty, on the other hand, ended the session at 17,577, a gain of 237 points or 1.3 per cent. In the previous two weeks, both indices had plunged nearly 7 per cent amid US Fed’s hawkish pivot to tame soaring inflation.
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