Indian markets bounced back on Thursday snapping earlier losses. At 9.29 a.m, the Sensex was trading up 126.85 points or 0.37% at 34,282.80 with 22 components gaining. Meanwhile, the Nifty was trading higher by 44.95 points or 0.43% at 10,545.85 with 32 components gaining.

Biggest gainers in the 30-share index were Adani Ports and Special Economic Zone (1.91%), ICICI Bank (1.29%), Housing Development Finance Corporation (1.24%), Infosys (1.20%), Tata Power Company (0.98%), and Tata Motors (0.84%).

On the other hand, Axis Bank (1.37%), Hero Motocorp (1.28%), Asian Paints (0.98%), Cipla (0.37%), Coal India (0.34%), and ITC (0.34%) were the major losers in the Sensex.

Market breadth was positive with 953 advances against 566 declines.

Finolex Industries topped the value chart on the BSE with a turnover of Rs. 412.93 million. It was followed by PC Jeweller (Rs. 285.94 million), Punjab National Bank (Rs. 249.83 million) and N I I T Technologies (Rs. 236.45 million).

The volume chart was led by Visesh Infotecnics with trades of over 6.15 million shares. It was followed by Electrosteel Steels (6.05 million), Punjab National Bank (1.86 million) and Gitanjali Gems (1.35 million).