Benchmark stock indices Sensex and Nifty extended gains for the second straight session on Tuesday, ending higher by nearly 1 per cent amid buying in metal and automobile shares and firm global cues.The 30-share BSE Sensex rose 567.99 points, or 0.75 per cent, to close at 76,070.84. During the session, the index had climbed as much as 801.41 points, or 1.06 per cent, to hit 76,304.26. The NSE Nifty advanced 172.35 points, or 0.74 per cent, to settle at 23,581.15.

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In Asian markets, South Korea’s Kospi jumped 1.63 per cent, while Hong Kong’s Hang Seng index ended marginally higher. Japan’s Nikkei 225 and Shanghai’s SSE Composite closed in the negative. European markets were trading higher, and the US market had ended in positive territory on Monday.“Indian equities extended their recovery for a second consecutive session, supported by easing volatility and selective sectoral strength, although underlying caution continues to shape market behaviour. A key positive was the sharp decline in India VIX, which dropped 8 per cent to sub-20 levels,” said Hariprasad K, Research Analyst and Founder, Livelong Wealth.Sector-wise, the rebound was led by automobile stocks, with the Nifty Auto index gaining about 2 per cent, he added.Meanwhile, Brent crude, the global oil benchmark, rose 2.44 per cent to USD 102.7 per barrel. Foreign Institutional Investors sold equities worth Rs 9,365.52 crore on Monday, while Domestic Institutional Investors bought shares worth Rs 12,593.36 crore, according to exchange data.On Monday, the Sensex had jumped 938.93 points, or 1.26 per cent, to close at 75,502.85, and the Nifty had climbed 257.70 points, or 1.11 per cent, to settle at 23,408.80.