MUMBAI, Jan 1 (Reuters) - Indian shares rose on Tuesday,
after the U.S. averted the looming 'fiscal cliff' in a
last-minute deal, with hopes of a rate cut by the Reserve Bank
of India beginning to gather steam, leading to gains in bank
ICICI Bank provisionally rose 1.9 percent, while
State Bank of India ended 1.7 percent higher.
The BSE index provisionally gained 0.79 percent,
while the 50-share NSE index ended up 0.77 percent.
Most major global markets were closed for the New Year
(Reporting by Abhishek Vishnoi)