Japan's benchmark share index Nikkei rose on Tuesday, with investors picking up recently battered stocks as the market regained a degree of stability after the extreme volatility of the past few days.
The Nikkei ended up 1.2% while the Hang Seng gained 1% and the Shanghai Composite ended 1.2% higher.
European shares continued to trade firm on hopes that global central banks would continue their stimulus measures to boost economy.
Among the major share indices in the region, CAC-40, DAX and FTSE-100 were up 1-1.7% each.
Back home, Union Finance Minister P Chidambaram today said that regardless of any government at the Centre the country will grow by 5-6%, but to reach the brisk rate of 8 or 9% effective governance is needed.
The BSE Oil and Gas index was the top gainer among the sectoral indices on the BSE up 1.6% followed by Auto, COnsumer Durables, Power, FMCG, IT and Realty indices.
Reliance Ind extended gains to end 1.8% up at Rs 843 after the company recently announced new gas find at KG D6 block.
ONGC gained 1.9% to end at Rs 333.
FMCG major ITC was among the top Sensex gainers which gained 1.8% to end at Rs 340.
Coal India gained 3% to end at Rs 323 after it reported better-than-expected 35% year-on-year (yoy) jump in its consolidated net profit at Rs 5,413 crore for the fourth quarter ended March 31, 2013 on back of higher than expected
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