As Indian stock markets soared on Tuesday, the total market capitalisation of BSE-listed companies increased by Rs 10.8 lakh crore to Rs 412.34 lakh crore. The Nifty surged 500 points, or 2.19%, to close at 22,328, while the Sensex jumped 1,577 points, or 2.1%, to settle at 76,734. India’s Volatility Index (India VIX) plunged 19.8% to 16.13, indicating improved investor sentiment.