The benchmark S&P BSE Sensex snapped its five-day losing streak by recovering 
198 points in morning trade on Tuesday on fresh buying mainly in capital goods, realty, banking, refinery and consumer durable sectors after retail inflation declined to a 30-month low of 7.31 percent.
The Sensex opened higher at 25,100.90 and shot up further to 25,235.84 before quoting at 25,205.28 at 1000 hours, showing a gain of 198.30 points, or 0.79 percent, from its last close.
The NSE 50-share Nifty also firmed up by 64.60 points, or 0.87 per cent, to 7,518.75 at 1000 hours.
Major gainers were ICICI Bank 2.72 pct, Larsen 2.34 pct, BHEL 2.30 pct, ONGC 1.93 pct, SBI 1.69 pct, Axis Bank 1.67 pct, RIL 1.58 pct, CIL 1.54 pct and Tata Steel 1.51 pct.
Asian stocks firmed up in their early trade helped by Citigroup’s better-than-expected earnings and more deals in the healthcare sector.
Key benchmark indices in Taiwan, Hong Kong, Japan, South Korea, China and Singapore rose by 0.03 pct to 0.86 pct.
Besides, a firming trend on other Asian markets following overnight gains on the US bourses after better-than-forecast earnings from Citigroup buoyed sentiments, they said.
Among other Asian markets, Hong Kong’s Hang Seng rose by 0.48 percent while Japan’s Nikkei gained 0.78 percent in early trade on Tuesday.
The US Dow Jones Industrial Average ended 0.66 percent higher in Monday’s trade.