Sensex, Nifty rebound amid easing inflation and positive global cues

However, rising global crude prices and unrelenting selling by foreign investors capped the gains, traders said

- 

Benchmark indices Sensex and Nifty bounced back on Tuesday after declining for the past four sessions on easing retail inflation and a rebound in global markets.

Besides, bargain hunting in energy, banking and metal stocks supported the market sentiment.

However, rising global crude prices and unrelenting selling by foreign investors capped the gains, traders said.

The 30-share BSE benchmark Sensex rose 169.62 points or 0.22 per cent to settle at 76,499.63. During the day, it surged 505.6 points or 0.66 per cent to 76,835.61.

As many as 2,867 stocks advanced while 1,096 declined and 110 remained unchanged on the BSE.

The NSE Nifty climbed 90.10 points or 0.39 per cent to 23,176.05.

The BSE Sensex has plunged 1,869.1 points or 2.39 per cent in the past four trading sessions.