Sensex closes 257 points higher in a volatile session; ends 2-day losing run

August 23, Mumbai: The benchmark Sensex in India closed 257 points higher in a volatile session on Tuesday, supported by strong buying in auto, banking, and financial stocks.

The 30-stock S&P BSE Sensex closed 257.43 points, or 0.44 percent higher, at 59,031.30 points, up from 58,773.87 points the day before.

The markets experienced a tumultuous session. The Sensex opened the day at 58,205.97 points and fell to a low of 58,172.48 points in the early morning session.

Within an hour of trading beginning, the markets had turned positive, with the benchmark Sensex surging past 59,000 points. The Sensex reached a high of 59,199.11 points intraday.

The key indices of the Indian equity market closed in the green, ending a two-session losing streak. On Monday, the Sensex fell 872.28 points, or 1.46 percent.

The broader Nifty 50 of the National Stock Exchange closed 86.80 points, or 0.5 percent higher, at 17,577.50 points, up from 17,490.70 points the previous day.

On Monday, the Nifty fell 267.75 points, or 1.51%.