Mumbai:Markets snapped two-day losing streak amid a rally in late trades led by defensive shares while positive cues from Asian peers also boosted sentiment. Meanwhile, investors remained cautious as Greece is likely to default on the deadline for debt payment to International Monetary Fund (IMF), which is due today. Benchmark indices remained choppy throughout the trading session.
The Sensex and the Nifty rose on Tuesday, snapping a two-day losing streak, as window-dressing at the end of the month and the quarter propped up shares even as the overall sentiment remained weak because of continued concerns about a Greek default.
The 30-share BSE index Sensex ended higher by 135.68 points or 0.49 per cent at 27,780.83 and the 50-share NSE index Nifty ended up by 50.1 points or 0.6 per cent at 8,368.50.
Again Rupee closes 20 paise stronger against US dollar at 63.65 from its previous close of 63.85.