Markets snap 3-day losing streak; benchmarks tick higher

After swinging between gains and losses, the 30-share BSE Sensex finally closed 187.39 points or 0.33 per cent higher at 57,808.58. Similarly, the broader NSE Nifty climbed 53.15 points or 0.31 per cent to 17,266.75.

Mumbai: Snapping their three-day losing run, market benchmarks ticked higher after a see-saw session on Tuesday on fag-end buying in energy, metal and finance counters amid a firm trend in global markets.

Covering-up of short positions by bears also supported the late recovery in stocks, traders said.

After swinging between gains and losses, the 30-share BSE Sensex finally closed 187.39 points or 0.33 per cent higher at 57,808.58. Similarly, the broader NSE Nifty climbed 53.15 points or 0.31 per cent to 17,266.75.