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The partially convertible rupee settled at 73.91/$1 as against the previous close of 74.03/$1. The Indian currency moved in a band of 73.81-74.27/$1 in the course of the day.

​​The initial public offering (IPO) comprises fresh issue of equity shares aggregating up to Rs 50 crore and an offer-for-sale of up to 70,30,962 equity shares by the selling shareholders, according to the draft red herring prospectus (DRHP).

Tata Teleservices has AGR dues of Rs 16798 crore of which it has paid Rs 4,197 crore and had opted for the 4-year AGR and spectrum payment moratorium. "Following conversion, it is expected that the Government will hold approx. 9.5% of the total outstanding shares of the Company",said the operator.

Nifty50 on Tuesday climbed for the third straight session in what was a volatile day for the market. The index ended up forming a bullish candle on the daily chart. Analysts said the upside hurdle of 18,200 is intact. The index may find support around 17,900-950 level, they said.

"So some of these banks are gaining market share and that is coming at the cost of the PSU banks."

The 30-share pack Sensex rose 221.26 points or 0.37 per cent to close at 60,7616.89. Its broader peer NSE Nifty climbed 52.45.80 points or 0.29 per cent to 18,055.75.

Veliath’s name did not figure among investors at the end of September quarter.

Gold price in the national capital on Tuesday jumped Rs 104 to Rs 46,606 per 10 grams, in line with a rally on international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,502 per 10 grams.

On the technical charts, the RSI of the stock stood at 38.11.

Overseas investors sold more than 4 billion yuan of A-shares through the Stock Connect programme on Tuesday, according to data from East Money Information Co.