Indian benchmark indices closed in the green on Tuesday, with heavyweights HDFC Bank and Reliance Industries leading the gains, mirroring a broader rally in Asian markets.

The benchmark BSE Sensex lost 319.22 points or 0.41% to close at 77,186.74, while the broader Nifty 50 index closed at 23,361.05, lower by 121.10 points or 0.52%.

Benchmark equity indices Sensex and Nifty gyrated between gains and losses in a special session for the Union Budget on Saturday, as markets paused after a four-session rally.

Despite ending January with four months of losses, Sensex surged 2,100 points in four days on pre-budget optimism. A day prior to the budget, Sensex was up 740 pts, Nifty was above 23,500.

The benchmark indices ended higher: Sensex up 226 pts at 76,759, and Nifty gained 86 pts to close above 23,200.

Indian benchmark indices broke a 2-day losing run and ended higher on Tuesday, with the BSE Sensex gaining over 500 points and the Nifty50 closing above 22,950. But what led this rally - let's find out through top5 factors.

Indian markets ended lower on Friday as pharma, real estate, and auto stocks dragged, offsetting optimism over falling U.S. interest rates and oil prices. Sensex closed 320 points lower at 76,190 while Nifty 50 shed 113 points to end at 23,092.

Indian markets closed higher with Sensex up 115.39 points (+0.15%) at 76,520.38, and Nifty 50 rising 50 points (+0.22%) to 23,205.35.

Indian benchmark indices closed higher, with the Sensex rising 566.63 points (+0.75%) to 76,404.99 and the Nifty 50 gaining 130.70 points (+0.57%) to 23,155.35.

On Friday, Indian benchmark indices took a hit, ending a three-day winning streak. The BSE Sensex closed at 76,619.33, down 423.49 points, which is a decline of 0.55%. Meanwhile, the Nifty 50 index dropped by 108.60 points, or 0.47%, settling at 23,203.20.