Sensex jumps 685 points, Nifty nears 22,800 as crude falls

Indian equity benchmarks closed sharply higher on Tuesday, with the Sensex rising 685.34 points to 73,067.81 and the Nifty gaining 220.35 points to 22,776.10. The rally was driven by a drop in Brent crude below $100 per barrel and buying in bank and Reliance Industries shares. Investors now await the RBI's policy decision for further cues.