Market Wrap: HDFC Bank, RIL lift D-Street higher for third straight day, Sensex adds 590 points, Nifty tops 24,450

Indian indices Sensex and Nifty ended positive on Tuesday, boosted by HDFC Bank and Reliance Industries. Expectations of a 25 basis-point rate cut added to the gains. The S&P BSE Sensex rose 597.67 points to 80,845.75, while the Nifty 50 index increased by 181.10 points to 24,457.15. Financial stocks and public sector banks performed well.