Markets see steady gains as US recession concerns ease! Nifty near 24,700, Sensex holds 80,800

Indian equity indices ended on a positive note on Tuesday as fears of the US recession eased down. The Nifty 50 rose 126.20 points or 0.51% to settle the day’s trading at 24,698.85. The Sensex settled 378 points or 0.47% higher at 80,802.86. SBI Life Insurance, Kotak Mahindra Bank, Axis Bank, Reliance Industries, and Bajaj Finserv were the top five major contributors on Tuesday. 

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