FM Sitharaman's LTCG tax remarks lift Sensex by 900 points. Can markets read hope of review?

Indian equities rallied on Tuesday, with the Sensex surging over 1,000 points after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (STT) were ongoing. IT stocks also supported gains, led by HCL Tech and TCS. However, mixed broader-market trends, elevated crude prices and inflation concerns continued to temper investor sentiment.