Ways2Capital Morning Update : Sensex Rebounds

Equity benchmarks started off trade moderately higher amid consolidation on Tuesday due to lack of domestic as well as global cues.
The 30-share BSE Sensex was up 43.61 points at 29,562.35 and the 50-share NSE Nifty gained 16.45 points at 9,143.30. About 522 shares advanced against 212 declining shares on the BSE.
ITC, L&T, Coal India, ONGC, Infosys, Bharti Infratel and HCL Technologies were early gainers while Dr Reddy’s Labs, Axis Bank, Bharti Airtel, M&M, GAIL, Idea Cellular and Hindalco were under pressure.
Divi’s Labs shares tanked 17 percent after the US Food and Drug Administration has issued an import alert for its Visakhapatnam unit-II.
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