The markets will continue to get affected by the trends of global cues, says market expert Anand Tandon.
"We will continue to track whatever happens in the global markets. If there is a certain weakness coming up there, almost certainly we will also follow that", said Tandon.
The benchmark indices on Tuesday closed at day's high. The BSE Sensex closed at 33,376 points and the NSE Nifty closed at 10,243 points.
Banks - ICICI Bank, Yes Bank and State Bank of India - lent a hand in offsetting weak global market cues. ICICI Bank contributed 40% to the Nifty gains. Among the banks, only PNB and HDFC Bank closed in the red.
US stocks on Tuesday ended higher after sharp declines in the previous session.
The Dow Jones Industrial Average on Tuesday added 389.17 points, or 1.65%, to 24,033.36. The S&P 500 increased 32.57 points, or 1.26%, to 2,614.45, Xinhua news agency reported.
The Nasdaq Composite Index was up 71.16 points, or 1.04%, to 6,941.28.
First Published: IST