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YAHOO FINANCE BIG NEWS- Markets experience the best gains on a single day over the course of more than 3 months

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Benchmark BSE Sensex and Nifty gained ground on Tuesday after price buying in IT, banking, and oil stocks.

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It recorded its biggest one-day gain in three months, with a gain that was more than 2.5 percent.

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The Nifty decreased 246 points or 1.4 percent up to 17,312.90.

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International benchmark oil Brent crude was down 2.60 percent up to $102.52 each barrel.

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The 30-share Sensex was trading at 59,537.07 which was up 1,564.45 per cent or 2.70 percent.

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It increased by 1,627.16 points, or 2.80%, throughout the day to reach 59,599.78.

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Bajaj Finance increased by 4.86 percent, while Bajaj Finserv increased by 5.47 percent.

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On Monday, the BSE benchmark dropped 861.25 points, or 1.46 percent, to settle at 57,972.62.

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Other notable wins included Tata Steel, IndusInd Bank, Tech Mahindra, ICICI Bank, Kotak Mahindra Bank, and HDFC

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According to exchange statistics, foreign institutional investors (FIIs) sold shares worth Rs 561.22 crore on Monday.

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