Indian equity benchmarks Sensex and Nifty rebounded after
falling in initial trade on Tuesday amid foreign fund inflow and a mixed trade
trend in global markets.

The BSE Sensex surged 246.47 points or 0.45% to settle at
54,767.62 after starting the trade on a weak note. In a choppy session, the
benchmark traded in a range of 54,817.52 to 54,232.82 during the day.

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Similarly, the NSE Nifty jumped 62.05 points, or 0.38% to
close at 16,340.55.

The broader indices ended in green with the BSE Midcap
index up by 0.68%, while the Small cap index was up by 0.88%. On the sectoral
front, Realty was up by 2.66%, Bankex was up by 0.95%, Auto was up by 0.88%,
Metal was up by 0.81% and PSU was up by 0.74%, while Oil & Gas down by
0.33% was the only losing index on BSE.

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Major gainers from the Sensex pack were Axis Bank up by
2.35%, IndusInd Bank up by 2.09%, Mahindra up by 1.89%, Tata Steel up by 1.65%,
Ultratech Cement up by 1.63%, Bajaj Finserv up by 1.62%, State Bank of India up
by 1.58%, Bharti Airtel up by 1.42%, ICICI Bank up by 1.42% and Reliance up by
0.79%.

Among the laggards were Nestle down by 1.37%, HCL Tech down
by 1.14%, Sun Pharma down by 0.83%, Kotak Mahindra down by 0.65%, Dr. Reddy’s
Labs down by 0.38%, Infosys down by 0.35%, Asian Paints down by 0.27% and ITC
down by 0.20%.

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The rupee recovered from its all-time low of 80.05 to close
6 paise higher at 79.92 against the US dollar.

In Asia, markets in Seoul and Hong Kong closes lower, while
Tokyo and Shanghai ended in the green.

European markets were trading on a mixed note during
mid-session deals. The US stock markets ended lower on Monday.

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Brent crude, the international oil benchmark slipped 0.57%
to $105 per barrel.

According to stock exchange data, foreign institutional
investors turned net buyers on Monday, picking up shares worth Rs 156.08 crore.