Stock Markets Are Closing (Image Source: iStockphoto)

After the bloodbath on D Street, sensex And Chic It made a U-turn from its course on Monday, rising by almost 1 percent and closing Tuesday in the green.

Sensex rose above 694.39 points and closed the day at 79,476.63 points, while Nifty gained 217.95 points and closed at 24,213.30 points.

Tata Steel, JSW Steel, Hindalco, Bajaj Autoand Axis Bank were among them top earners In the Nifty index. trent, Adani PortsAsian Paints, ITC and Infosys was among them top losers.

According to stock exchange data, in the previous trading day, Foreign Institutional Investors (FIIs) sold shares worth Rs 4,329.79 crore and Domestic Institutional Investors (DIIs) purchased shares worth Rs 2,936.08 billion.

Rupak De, Senior Technical Analyst at LKP Securities, said: “Nifty has found support around a historic low for the second day in a row. Looking ahead, the dip buying strategy may benefit investors as long as Nifty remains above 24,000. On the higher side, Nifty has moved into the range of 24,750-24,800.” “It may move towards the right direction, but when Nifty falls below 24,000, the strategy of buying the dips needs to be reviewed.”