Markets soaring high on back of Asian markets, lower inflation data

Foreign portfolio investors bought shares worth Rs 159.60 crore, while domestic institutional investors pumped in Rs 417 crore

The benchmark indices on Tuesday surged on the back of a rally in Asian markets, and lower inflation data. The BSE Sensex rose 464 points, or 1.30 per cent, to end at 36,318.33, while the broader gauge Nifty ended at 10,886.80, up 149 points, or 1.39 per cent. 

Asian markets, led by Hong Kong and Shenzhen, ended the session higher, bouncing back from Monday’s losses after China promised more measures to support its slowing economy. Hong Kong's Hang Seng gained 2 per cent, while the Shanghai Composite Index ended up 1.36 per cent.  Further, the consumer price inflation (CPI) rate hitting