Indian markets bounced back on Thursday snapping earlier losses. At 9.24 a.m, the Sensex was trading up 40.54 points or 0.11% at 35,428.42 with 17 components gaining. Meanwhile, the Nifty was trading higher by 15.15 points or 0.14% at 10,756.25 with 29 components gaining.

Major gainers in the 30-share index were Coal India (1.70%), Power Grid Corporation Of India (0.94%), Wipro (0.80%), State Bank Of India (0.72%), Sun Pharmaceutical Industries (0.69%), and Tata Motors (0.52%).

On the other hand, Cipla (1.43%), Bharti Airtel (0.85%), Tata Steel (0.80%), Adani Ports and Special Economic Zone (0.69%), Oil & Natural Gas Corporation (0.56%), and Housing Development Finance Corporation (0.46%) were the biggest losers in the Sensex.

Market breadth was positive with 714 advances against 370 declines.

Future Enterprises topped the value chart on the BSE with a turnover of Rs. 2,764.92 million. It was followed by Tata Steel (Rs. 111.82 million), Birla Sun Life Fixed Term Plan - Series IP - Regular Plan - Growth (Rs. 111.30 million) and H E G (Rs. 102.14 million).

The volume chart was led by Future Enterprises with trades of over 63.34 million shares. It was followed by Birla Sun Life Fixed Term Plan - Series IP - Regular Plan - Growth (10.00 million), Manali Petrochemicals (0.87 million) and Bhushan Steel (0.63 million).