The BSE Sensex edged up on Tuesday, reversing a two-day losing streak, led by gains in rate-sensitive stocks. The Nifty found support around its 200-day moving average at 5,841, on value buying.
The BSE Semsex is up 0.37 percent while the Nifty index is up 0.35 percent, led by gains in rate-sensitive shares.
Among lenders, Housing Development Finance
Corporation Ltd is up 1.9 percent while ICICI Bank
Ltd gains 0.2 percent.
Among auto shares, Bajaj Auto
Ltd is up 3 percent while Maruti Suzuki
India Ltd gains 1.6 percent.
However, State Bank of India
, the country's largest lender, falls 1 percent after ratings agency Moody's downgraded its outlook on the bank's financial strength rating to 'negative' from 'stable'