In early trade on Tuesday, the Sensex rose more than 400 points, tracking advances in index mainstays Reliance Industries, Kotak Bank, and HDFC Bank on a favorable trend in global markets.

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In early trade, the 30-share index was up 444.17 points, or 0.78%,at 57,191.31. The Nifty increased 131.60 points, or 0.78%, to 17,043.85.

Tata Steel led the Sensex pack with a rise of more than 2%, followed by Kotak Bank, Axis Bank, Maruti, IndusInd Bank, and SBI.

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On the other hand, Dr. Reddy, Tech Mahindra, L&T, Bharti Airtel, and HCL Tech were among the laggards.

In the previous session, the 30share equity benchmark fell 949.32 points, or 1.65%, to 56,747.14, while the Nifty was down 284.45 points, or 1.65%, to 16,912.25.

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According to exchange statistics, foreign institutional investors (FIIs) continued to be net sellers in the capital market on Monday, selling shares worth Rs 3,361.28 crore.

In other Asian markets, bourses in Shanghai, Hong Kong, Seoul, and Tokyo were trading higher in mid-session trades.

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In the overnight session, stock markets in the United States concluded on a strong note as well.

Meanwhile, Brent crude, the international oil benchmark, increased 0.62% to USD 73.53 per barrel. Rupee gains 15 paise to 75.30 against US dollar in early trade.

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