The market bounced back on Tuesday despite mixed Asian cues. The 30-share BSE Sensex rose 106.84 points to 24295.21 and the 50-share NSE Nifty went up 37.70 points to 7388.70.
Axis Bank, ICICI Bank, Reliance Industries, NTPC, Adani Ports, Tata Steel and Bank of Baroda gained more than 1 percent while Cipla, Coal India, TCS, ITC, ONGC, Zee Entertainment, M&M, Cairn India and Grasim were losers.
Currency Market News: The Indian rupee has opened flat at 67.67 per dollar today against previous close of 67.68.
About Asian Market Updates: Asian markets were trading mixed as China released its fourth quarter GDP data at 6.8 percent, marginally lower than expected, compared to 7.3 percent last year. Shanghai was up 1.6 percent while Nikkei was down about 0.5 percent.