The 30-share BSE index made a modest gain of 63.24 points, or 0.18 per cent, at 33,975.05. It had lost 98.80 points in the previous session.
Fresh buying by investors in blue-chip stocks amid foreign capital inflows kept the momentum going. The leads from Wall street were positive, but Asian shares were little changed after an oil rally.
The Reserve Bank of India is expected to go in for a policy rate cut of 25 bps in April next year to signal lower lending rates, which are key to the economic recovery, stated a global brokerage report.
Major gainers were Tata Steel, HUL and Sun Pharma, advancing up to 1.51 per cent.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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