The market on Tuesday rebounded in the opening trade with BSE Sensex up by 153 points or 0.4 per cent to 35,018 and Nifty Index hovering around 10,554 in the pre-opening trade.
Indian rupee also gained 0.09 paise with a value of 73.92 per dollar.
Majority of the sectors compiled by BSE were trading higher led by the S&P BSE Auto Index's one per cent profit.
The top gainers under Sensex were Asian Paints which was up by 2.61 per cent followed by IndusInd Bank, which gained 2.39 per cent. Adani Ports also notched up by 2.24 per cent.
Under Nifty, the companies which recorded gains were Indiabulls Hsg. Fin and Bajaj Finance, among others. Their shares were up by 2.70 per cent and 2.13 per cent, respectively.
Crude oil prices in the international market also rose to $81.92 barrel after lowering of global growth forecast by International Monetary Fund. The rise in the price of crude oil has also adversely affected the rupee. The price of the crude oil price has risen 30.23 per cent from 66.57 level since January 2018.