Indian benchmark indices rebound on Tuesday
This was first monetary policy announced by new RBI Governor Urjit Patel.
Sensex was up 91.26 points at 28334.55 and Nifty was up 31.05 points at 8769.15.
Positive global cues and a rally in select oil and gas stocks and select banking and financial stocks also helped the market sentiment.
Some of the key stocks that gained on Tuesday were ONGC, Tata Motors, Tata Steel, Canara Bank, Bank of India, SBI, PNB, ICICI Bank and Bank of Baroda while key stocks that declined included L&T, Mahindra & Mahindra, HUL, Axis Bank and Coal India.
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