Equity benchmarks began the day on a positive note, with the Nifty reclaiming 10,600-mark.
The Sensex is up 77.14 points or 0.22% at 34522.89, and the Nifty up 22.60 points or 0.21% at 10605.20. The market breadth was positive as 395 shares advanced, against a decline of 174 shares, while 88 shares are unchanged.
Financial stocks are under pressure, with Nifty PSU bank index is down over 1 percent. All other sectoral indices are trading in the green. Midcaps, too, are trading mildly higher. Auto stocks have continued their rally from Monday, while IT and pharma stocks have also joined the bandwagon.
Yes Bank and Maruti Suzuki are the top gainers on both indices, while Axis Bank, ICICI Bank, and Ambuja Cements have lost the most.
Asian shares extended their recovery on Tuesday, hitting a three-week high as US borrowing costs eased ahead of Federal Reserve Chairman Jerome Powell's highly-anticipated first congressional testimony later in the day.
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