Indian shares ended higher on Tuesday, recovering from earlier losses, as gains in energy stocks helped offset lingering trade tensions in Asia ahead of the deadline for imposition of tariffs by the US on China. The benchmark BSE index closed up 0.32 percent at 35,378.60.
The broader NSE index ended 0.40 percent higher at 10,699.90. "It's a mixed market with negative bias, awaiting how trade tax and the results (corporate earnings) pan out next week," said AK Prabhakar, head of research, IDBI Capital.
The earnings season in India begins next week with software services exporter Infosys Ltd scheduled to report results for the June-quarter on July 13. The Nifty Energy index rose as much as 1.3 percent, with Oil and Natural Gas Corp the top percentage gainer. Shares of the oil marketing company had shed nearly 11 percent in June on the back of volatile crude prices.
Gains in market heavyweights Reliance Industries Ltd and IT majors Tata Consultancy Services Ltd and Infosys helped offset earlier losses.
Hero MotoCorp Ltd rose 2 percent, logging its biggest intraday percentage gain since June 12 following a 13 percent jump in total sales in June.
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