Sensex zooms 425 pts on global rebound; Nifty above 11,450
Benchmark Sensex rebounded about 425 points to end well above the 38,000-mark Tuesday, breaking its two-day falling streak on gains in heavy-weights RIL, SBI and ICICI Bank amid persistent foreign fund inflows and positive global leads.The broader NSE Nifty too inched closer to the key 11,500 mark.A stronger rupee also supported the rally. The rupee strengthened 19 paise to 68.77 against the dollar (intra-day).Markets commenced on a strong note largely in line with a firming trend at other Asian bourses but remained range-bound as investors were cautious. Buying activity gathered…
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