Equity benchmarks Sensex and Nifty bounced back after falling in early trade on Tuesday amid mixed inflow of foreign funds and a mixed trend in global markets.
The 30-share BSE Sensex closed 246.47 points or 0.45% higher at 54,767.62 after starting trading on a weak note. In a volatile session, the benchmark touched a high of 54,817.52 and a low of 54,232.82 during the day.
Similarly, the broader NSE Nifty climbed 62.05 points or 0.38% to end at 16,340.55.
Among the Sensex constituents, Axis Bank, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, Tata Steel, UltraTech Cement and State Bank of India were the major gainers.
However, Nestle India, HCL Technologies, Sun Pharma, Kotak Mahindra Bank, Infosys, Dr Reddy’s and Asian Paints were the biggest laggards.
In Asia, markets in Seoul and Hong Kong ended lower, while Tokyo and Shanghai settled in the green.
European markets were trading with a mixed trend during mid-session deals. On Monday, US markets closed with a fall.
International oil benchmark Brent crude fell 0.57% to $105.7 a barrel.
Foreign institutional investors became net buyers on Monday, buying shares worth Rs 156.08 crore, according to exchange data.