Stock Market Highlights: Sensex and Nifty rebounded in the afternoon trade on Tuesday, backed by a rally in bluechip stocks. The Sensex closed 34 points higher at 36,616.81, while the Nifty closed below the 10,950-mark. IndusInd Bank shares closed 2.5% higher at Rs 1,539.50 on BSE, while Heromotocorp shares closed 3.2% higher at Rs 2,870.25, to energe among the biggest Sensex gainers. Tata Motors, Coal India shed more than 2.6% each to end up as the biggest losers in the 30-share index.
Earlier, US Stocks after turning in a lackluster performance early in the session, moved mostly higher over the course of the trading day on Monday. With the upward move, the major averages reached their best closing levels in two months, Angel Broking said in a note. The Dow was up by 0.7 percent to 25,239 while the Nasdaq surged by 1.2 percent to 7,347. We bring to you LIVE updates.