New Delhi, 24 March (H.S.):

Domestic shares traded with resilience amid early swings Tuesday as Middle East ceasefire rumors sparked a sharp opening rally only for profit-takers to step in.

Sensex and Nifty benchmarks gapped higher but seesawed with sellers gaining early edge before buyers stabilized the indices. By 10 AM Sensex stood 1.05 percent firmer at 73,461.31 up 764.92 points after plunging nearly 900 points from its 74,212.47 open to 73,302.32.

Nifty followed suit jumping 365.80 points to 22,878.45 at the bell before shedding over 175 points to 22,701.20 within half an hour.

It clawed back to gain 233.25 points or 1.04 percent at 22,745.90 as dip-buying emerged. Standouts included Apollo Hospitals Ultratech Cement InterGlobe Aviation Bajaj Auto and Shriram Finance rising 2.23 to 2.93 percent while Power Grid ITC Infosys and Coal India slipped 0.04 to 2.42 percent.

Of 2724 active counters 2312 advanced against 412 decliners with 27 of Sensex's 30 stocks green three red and 47 of Nifty's 50 gainers three laggards. Monday's rout had left Sensex down 1836.57 points or 2.46 percent at 72696.39 and Nifty off 601.85 points or 2.60 percent at 22512.65 setting up today's rebound on geopolitical thaw signals.

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Hindusthan Samachar / Jun Sarkar