Mumbai, Apr 18 (PTI) Equity benchmark indices rebounded in early deals on Tuesday after falling sharply in the previous trade amid strength in the US markets.

The 30-share BSE Sensex climbed 202.72 points to 60,113.47 in early trade. The broader NSE Nifty gained 59.75 points to 17,766.60.

Also Read | 'Please Modi-Ji Ek Achhi Si School Banwa Do Na': Viral Girl Seerat Naaz From Jammu’s Kathua Request PM Narendra Modi (Watch Video).

Among the Sensex firms, Tata Motors, HCL Technologies, IndusInd Bank, Maruti, Nestle, Infosys, Kotak Mahindra Bank and Bajaj Finserv were the gainers.

Power Grid, Reliance Industries, Hindustan Unilever, Titan, Bharti Airtel and ITC were among the laggards.

Also Read | ‘Mangrove Man’ in India, TP Murukesan, Fights To Salvage Sinking Shores; Plants Trees Along Shores of Vypin in Kerala To Counter Rising Sea Levels.

The wholesale price-based inflation eased to a 29-month low of 1.34 per cent in March on easing prices of manufactured products and fuel items, even though food articles turned expensive.

March is the 10th straight month when wholesale price index (WPI) based inflation has declined.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower, while Japan quoted with gains.

The US markets had ended in the positive territory on Monday.

The Sensex had tanked 520.25 points or 0.86 per cent to settle at 59,910.75 on Monday. The Nifty fell 121.15 points or 0.68 per cent to finish at 17,706.85.

Meanwhile, global oil benchmark Brent crude climbed 0.31 per cent to USD 85.02 per barrel.

Foreign Portfolio Investors (FPIs) offloaded equities worth Rs 533.20 crore on Monday, according to exchange data.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)