Stock Market India: Sensex gains over 300 points, adds to previous two sessions' rise Indian equity benchmarks rose on Tuesday, extending their gains for the third day in a row, tracking the strength of Asian peers and overnight advances on Wall Street driven by improvement in risk sentiment led by strong corporate earnings updates and Britain's reversal of a fiscal policy.

The 30-share Sensex index climbed 603.69 points, or 1.03 per cent, to 59,014.67 in early trade, and the broader NSE Nifty-50 index advanced 172.40 points, or 1 per cent, to 17,484.20, with both benchmarks extending their rally for the third straight day.

Global recession risks are also on the rise.
That is an increase from 65 per cent for the same time period in the prior update.
We think that there's still some further downward revisions to come.”

In other markets, following a bumpy session on Monday, oil prices edged up as investors weighed signals of a tight market against worries about a slowing global economy.
Source: NDTV
#Sensex