Sensex surges over 1,000 points: Will stock market rally last?

Benchmark stock market indices gained sharply during Tuesday's intra-day session after falling nearly 3 per cent on Monday. But will the relief rally last? Here is all you need to know.

Benchmark stock market indices witnessed a strong recovery on Tuesday after crashing a day ago. Both benchmark indices, the S&P BSE Sensex and NSE Nifty 50, rebounded sharply during today’s trading session, in what has been termed as a relief rally.

At around 1 pm, the Sensex surged 1,000 points to settle above 56,800, while the Nifty was also up over 1.6 per cent. The sharp recovery led by IT and metal stocks have restored some confidence among domestic investors.