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Sensex soars 694 pts, Nifty ends above 24,200; metal shares rally
The domestic equity benchmarks ended Tuesday's trading session with significant gains, primarily driven fag-end buying in metal, banking, and financial stocks. The Nifty 50 index closed above the 24,200 level, recovering from an intraday low of 23,842.75. This uptick was fueled by optimism regarding a potential consumption revival in the second half of the fiscal year and anticipation of a substantial stimulus package from China later this week.