Markets Surge for 2nd Day: Sensex Jumps 550 Pts, Nifty Tops 23,550

• Indian benchmark equity indices Sensex and Nifty extended their rise for the second consecutive session on Tuesday.
• Sensex settled 567.99 points higher at 76,070.84, while Nifty gained 172.35 points to 23,581.15.
• Key factors driving the market rally include value buying in auto, metal, and realty sectors.
• Positive cues from Asian markets, with Tokyo's Nikkei 225 and South Korea's Kospi trading higher, also contributed.
• India Vix, the volatility index, declined 6 percent to 20.32, signaling reduced investor uncertainty.