New Delhi, Oct. 13 -- Indian stock markets rallied on Tuesday, October 13, with the Sensex rising 1.5%, or 1,109 points, to close at 73,033, while the Nifty 50 gained 1.6%, or 358 points, to settle at 22,721.95. Gains in IT and banking heavyweights supported the benchmarks. The Indian rupee strengthened 62 paise to 95.16 against the US dollar in early trade after the RBI announced additional measures to ease pressure on the currency. Meanwhile, Brent crude futures fell more than 1% to around $105 a barrel amid prospects of additional diesel supplies from Russia.

Brokerage Monarch Networth Capital has identified two stocks - Ramkrishna Forgings and TCPL Packaging- with potential upside of up to 16% and 20%, respectively, based on its rese...