Among the shares that gained today were Hindustan Unilever, which rose more than 3%, following spectacular results posted by the company. Shares of Maruti recovered lost ground after Monday's hammering and was trading higher by more than one per cent on hopes that the lock out at the Manesar plant would be resolved shortly. . Among the other gainers were Sterlite and GAIL.

Losers amongst the Sensex stocks were Wipro, Sun Pharma and SAIL. In fact, Wipro's muted revenue guidance disappointed the streets.

Meanwhile, in Asia stocks were trading mixed with Korea's Kospi and Taiwan's Taiwan Weighted trading lower, while Singapore's Straits Times was trading higher.

Markets are likely to await for cues from Europe and the indices movement would largely depend on market movements and cues from Europe.

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