BSE Sensex and NSE Nifty 50 rallied more than 2.5 per cent, each on Tuesday on the back of healthy buying in banking stocks. S&P BSE Sensex soared 1,564 points or 2.7 per cent to settle at 59,537. NSE Nifty 50 finished trade at 17,759, up 446 points or 2.6 per cent. Index heavyweights such as ICICI Bank, HDFC Bank, Reliance Industries Ltd (RIL) contributed the most to the indices gain. BSE Midcap and smallcap indices also participated in the rally. S&P BSE Midcap index jumped 2 per cent or 491 points to end at 25,408, while S&P BSE Smallcap …
