Indian shares closed 1.25 percent higher on Tuesday to snap six straight trading days of losses that saw the benchmark index fall 25 percent, dealers said. They said many retail investors joined domestic funds seeking bargains in blue chip shares.
The Mumbai stock exchange Sensex index rose 199.43 points to 16,123.15. "We saw steady interest from retail and mutual funds," said R. Balakrishnan, executive director of Centrum Broking.