The market rebounded after initial losses. The Sensex gained 54.09 points at 26479.39 and the Nifty rose 9.25 points to 7992.15. About 826 shares have advanced, 520 shares declined, and 97 shares are unchanged on the BSE.
HDFC, L&T and Sun Pharma gained more than 1 percent. Reliance Industries, ICICI Bank, Tata Motors, ITC and ONGC gained marginally. However, TCS, NTPC, Cipla, Bharti Airtel, Coal India and Bajaj Auto fell 0.4-1 percent.
The Indian rupee opened lower by 9 paise at 64.15 per dollar versus 64.06 yesterday.
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