Indian equities gained 2.5% on Tuesday, recouping all the losses it made a day earlier, on the back of strong buying from overseas investors. The BSE Sensex gained 1,564 points or 2.7% to settle at 59,537 while the Nifty was up 446 points or 2.6% at 17,759. Market watchers attributed the sharp rally to concentrated buying from FPIs, especially in banking and financial services firms. FPIs bought shares worth over Rs 4,000 crore net on Tuesday, provisional figures show, taking the month to date buying to Rs 51,000 crore or $6.4 billion. Investors wealth soared by Rs 5.68 trillion by …
