Despite indices falling in the last hour, BSE Sensex closed at 74,227 -- 1089 points above previous close -- meanwhile, NSE Nifty 50 closed at 22,535 -- 374 points above.

The Nifty 50 index today opened upside at 22,446 and touched an intraday high of 22,697 during Tuesday’s session on Dalal Street.

The S&P 500 sold off sharply on Tuesday to close below 5,000 points for the first time in almost a year after it reversed a strong morning rally, while investor hopes faded for any imminent U.S. delays or concessions on tariffs ahead of a midnight deadline.