The B S E benchmark Sensex bounced back, gaining 60 points in the opening trade on the back of rally in banking, oil and gas, and metal stocks following fresh buying by funds amid firming global cues. 
The 30-share index, which had lost 56.77 points in the previous session, rose by 60.24 points to 20,935.95 points.
The wide-based National Stock Exchange index Nifty moved up by 17.00 points or 0.27 per cent to 6,292.70 points.
Brokers said increased capital inflows by foreign funds into equities and firming trend in global markets helped stocks rebound.
In Asian markets, the Hong Kong’s Hang Seng Index was up by 0.29 per cent and Japan’s Nikkei Index by 0.39 per cent in morning trade.
In the US, the Dow Jones Industrial Index ended 0.09 per cent up on Wednesday.