Sustained capital inflows from foreign funds also boosted the market sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 309.70 crore on Tuesday as per provisional data from the stock exchanges.
The sensex resumed higher at 21,222.19 and hovered in a range of 21,244.35 and 21,166.55 before quoting at 21,196.42 at 1030hrs, showing a net gain of 25.74 points or 0.12 percent from its last close.
The NSE 50-share Nifty also moved up by 9.75 points or 0.15 percent to 6,313.75 at 1030hrs.
Major gainers were Coal India at 0.95 pct, Maruti Suzuki 0.73 pct, Hero Motocorp 0.68 pct, M&M 0.68 pct, Larsen 0.66 pct and Cipla 0.64 pct.
Other Asian stock markets remained closed on Wednesday, January 1, for New Year Holidays.
US stocks rose to records on Tuesday with the Standard & Poor's 500 Index posting its biggest annual advance since 1997, as higher consumer buoyancy and gains in housing prices bolstered confidence in the world's largest economy.


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