The broader NSE Nifty too regained the key 7,100-mark. Late recovery in beaten-down state-run lender stocks on value-buying, particularly, State Bank of India, influenced sentiment.

However, concerns prevailed as the rupee depreciated to to a 30-month low of 68.67 against dollar during the day. "Indexes opened on a negative note followed mixed global cues but gained momentum post the opening of European indexes in green," said Gaurav Jain Director of Hem Securities.

The BSE benchmark Sensex opened higher at 23,237.23 and hovered in a range of 23,434.91 to 22,920.84 before finishing at 23,381.87, showing a gain of 190 points or 0.82 percent.

The index dropped by 362 points yesterday as participants locked in gains in blue-chips amid contraction in exports. The NSE 50-share also recovered by 60.20 points or 0.85 percent to close at 7,108.45 after moving in a range of 7,123.70 to 6,960.65.

Shares of Jindal Steel & Power continued to face selling pressure for a second day, plunging 3.47 percent amid concerns over the company's debt situation.

United Breweries Holdings also fell for a second session, falling by nearly 5 per cent, after state-run Punjab National Bank declared Vijay Mallya as well as his group firms UBHL and long-grounded Kingfisher Airlines as 'wilful defaulter'.

Latest News  from Business News Desk