Stock markets staged a powerful recovery on Tuesday morning, bouncing back from the previous session's brutal sell-off. The rebound came on the back of strong cues from Asian markets and widespread buying across sectors.

The 30-share BSE Sensex surged 1,283.75 points or 1.75% to 74,421.65 in early trade, while the NSE Nifty climbed 415.95 points or 1.87% to 22,577.55. This rally follows a panic-driven Monday, when investor sentiment took a heavy beating amid global uncertainty.

Almost all Sensex constituents were trading in the green, with notable gains in Titan, Adani Ports, Bajaj Finserv, SBI, Axis Bank, UltraTech Cement, L&T, and Tata Steel. Tata Consultancy Services was the only major laggard, trading marginally lower.

Asian indices, which also witnessed a sharp fall on Monday, turned positive on Tuesday. Japan's Nikkei 225 led the regional recovery with a jump of over 5%, while Hong Kong’s Hang Seng, South Korea’s Kospi, and China’s SSE Composite also posted gains.

Despite Tuesday's optimism, experts caution that global markets may remain volatile. A looming trade tension between the US and China is resurfacing, with Washington threatening a 50% tariff on Chinese goods in retaliation for Beijing’s 34% duties on American imports.

Back home, FIIs continued to dump equities, offloading Rs 9,040 crore worth of shares on Monday. However, domestic investors stepped in, purchasing stocks worth Rs 12,122 crore, providing some cushion.

Stock markets staged a powerful recovery on Tuesday morning, bouncing back from the previous session's brutal sell-off. The rebound came on the back of strong cues from Asian markets and widespread buying across sectors.

The 30-share BSE Sensex surged 1,283.75 points or 1.75% to 74,421.65 in early trade, while the NSE Nifty climbed 415.95 points or 1.87% to 22,577.55. This rally follows a panic-driven Monday, when investor sentiment took a heavy beating amid global uncertainty.

Almost all Sensex constituents were trading in the green, with notable gains in Titan, Adani Ports, Bajaj Finserv, SBI, Axis Bank, UltraTech Cement, L&T, and Tata Steel. Tata Consultancy Services was the only major laggard, trading marginally lower.

Asian indices, which also witnessed a sharp fall on Monday, turned positive on Tuesday. Japan's Nikkei 225 led the regional recovery with a jump of over 5%, while Hong Kong’s Hang Seng, South Korea’s Kospi, and China’s SSE Composite also posted gains.

Despite Tuesday's optimism, experts caution that global markets may remain volatile. A looming trade tension between the US and China is resurfacing, with Washington threatening a 50% tariff on Chinese goods in retaliation for Beijing’s 34% duties on American imports.

Back home, FIIs continued to dump equities, offloading Rs 9,040 crore worth of shares on Monday. However, domestic investors stepped in, purchasing stocks worth Rs 12,122 crore, providing some cushion.