The BSE Sensex and NSE Nifty recouped losses led by rally in capital goods stocks, and TCS and ITC. However, the upside was capped due to fall in SBI, ICICI Bank, Infosys and Reliance Industries. Even Indian rupee recovered from the day's low of 53.63 a dollar to trade at 53.46 a dollar, down 34 paise.
The BSE benchmark gained 47.18 points at 16,593.36, which shed more than 600 points since Friday. Meanwhile, the NSE benchmark clawed back above the 5000 level to trade at 5,009.25, up 9.30 points.
Shares of ITC, country's largest cigarette manufacturer, shot up 4.5% led by value buying interest whereas HUL went up 0.6%.
Top software services exporter Tata Consultancy Services moved up 2.6% and Azim Premji's Wipro rose 1.2% while Infosys was down just 0.33%.
Capital goods majors Larsen & Toubro and Bharat Heavy Electricals rallied nearly 2%.
Private sector lender HDFC Bank rallied 1% while top lenders State Bank of India and ICICI Bank were down 0.5% and 1%, respectively.
Major heavyweights Reliance Industries, ONGC and Bharti Airtel slipped 1% each.
Jaiprakash Associates topped the selling list, falling 3.5%.
In the second line shares, India Infoline, Emami, Berger Paints, Rallis India and Puravankara Projects gained 3-7% while Manappuram Finance, Shree Renuka, HDIL, Jindal Saw and Bajaj Hindusthan fell 3-8%.
The BSE benchmark gained 47.18 points at 16,593.36, which shed more than 600 points since Friday. Meanwhile, the NSE benchmark clawed back above the 5000 level to trade at 5,009.25, up 9.30 points.
Shares of ITC, country's largest cigarette manufacturer, shot up 4.5% led by value buying interest whereas HUL went up 0.6%.
Top software services exporter Tata Consultancy Services moved up 2.6% and Azim Premji's Wipro rose 1.2% while Infosys was down just 0.33%.
Capital goods majors Larsen & Toubro and Bharat Heavy Electricals rallied nearly 2%.
Private sector lender HDFC Bank rallied 1% while top lenders State Bank of India and ICICI Bank were down 0.5% and 1%, respectively.
Major heavyweights Reliance Industries, ONGC and Bharti Airtel slipped 1% each.
Jaiprakash Associates topped the selling list, falling 3.5%.
In the second line shares, India Infoline, Emami, Berger Paints, Rallis India and Puravankara Projects gained 3-7% while Manappuram Finance, Shree Renuka, HDIL, Jindal Saw and Bajaj Hindusthan fell 3-8%.
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