Buying in financial, auto and metal stocks supported the markets Domestic stock markets started Tuesday's session on a higher note to break a four-day fall, a day after credit ratings major Fitch cut India's economic growth forecast for the current financial year but retained its projection for the next financial year.
The S-P BSE Sensex index rose as much as 164.17 points to 39,124.96 in early trade, before giving up most of those gains, and the NSE Nifty moved to 11,716.55, up 44.4 points from the previous close.
Both the benchmark indexes nearly erased all of the intraday gains on at least three occasions.