Indian equity markets witnessed a strong rally on Tuesday, driven by renewed optimism over India-US trade negotiations and expectations of a rate cut by the US Federal Reserve.

The BSE Sensex closed at 82,380.69, up 594.95 points (0.73%), while the NSE Nifty ended at 25,239.10, gaining 169.90 points (0.68%). The Sensex touched an intraday high of 82,443.48, after opening slightly higher at 81,852.11 compared to the previous close of 81,785.74.

Market experts said the uptrend was supported by value buying across sectors, excluding FMCG, amid positive global cues.

“Domestic equities sustained their recovery trend on the back of expectations of a 25-basis-point cut in the upcoming US Fed policy and optimism around resumed India-US trade discussions. Auto and consumer durable stocks led the

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