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Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T. The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly, the broader NSE Nifty surged 168.05 points or 1.16 per cent to 14,653.05.Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T. The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly, the broader NSE Nifty surged 168.05 points or 1.16 per cent to 14,653.05.