India, Oct. 6 -- Indian equity markets ended higher for the second consecutive session on Tuesday, October 6, with the Sensex and Nifty gaining sharply amid broad-based buying, softer crude oil prices and positive quarterly business updates.

The BSE Sensex climbed 685 points to close at 73,068, while the NSE Nifty gained 220 points to end at 22,776, reclaiming the 22,700 level.

The Nifty Bank rose 414 points to 55,128, while the Nifty Midcap index advanced 638 points to 59,761. Market breadth remained strong, with advances outnumbering declines by around 2:1.

Why did the stock market rise today?

The Indian stock market rally was driven by a combination of lower crude oil prices, positive quarterly business updates, gains in heavyweigh...