Indian shares ended with strong gains on Tuesday, recovering from a largely choppy session, tracking positive cues from Asian markets. Strong buying in financials and index heavyweight Reliance Industries also lifted sentiments ahead of the expiry of the March derivative series on Thursday.

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The broader NSE Nifty50 closed at 11,483.25 points, up 129 points, or 1.14 percent. The benchmark 30-share S&P BSE Sensex ended at 38,233.41, up 424.50 points, or 1.1 percent.

Shares of Reliance Industries

closed 3.2 percent higher after reports that the company's retail arm Reliance Trends and ajio.com were buying men's apparel brand John Players from ITC in a Rs 150 crore deal.

Jet Airways surged over 6 percent after its lenders announced Rs 1,500 crore infusion.

DLF shares rallied nearly 7 percent on Tuesday as the realty major launched its QIP offer to raise over Rs 3,000 crore.

Among sectoral indices on NSE, Nifty Realty index, gained almost a percent, and was the top gainer, while Nifty IT index, slipped 0.4 percent, being the worst hit.

Except the Nifty IT index, all sectoral indices closed in the green today.

Also, catch all the action and day's highlights in our Market blog.