The market is gaining for the second consecutive day with the Nifty reclaiming 8600 in early trade. Gains are led again by banks. The 50-share index is up 36.95 points at 8602.50. The Sensex is up 104.87 points at 28460.49. About 1332 shares have advanced, 789 shares declined and 189 shares are unchanged. L&T, Coal India, ICICI Bank, Axis Bank and Sun Pharma are top gainers in the Sensex. Among the losers are ONGC, Bharti Airtel, Tata Motors, Sesa Sterlite and BHEL.

Reports On Indian ADRs
• Indian ADRs ended higher on Tuesday.
• In the banking space, ICICI Bank rose 3.13 percent at USD 11.20.
• HDFC Bank gained 2.33 percent at USD 57.59.
• In the IT space, Infosys was up 0.8 percent at USD 36.49.
• Wipro was up 0.74 percent at USD 13.61.
• In the other sectors, Tata Motors advanced 2.91 percent at USD.
• Dr Reddy’s Laboratories added 1.62 percent at USD 50.94.

Indian Market Highlights
Sun Pharmaceutical Industries' shares may gain on unit Taro Pharmaceutical Industries earnings.Taro's margins increased by 70 bps to a record of 81.4 pct, beating estimates - Analysts.Taro says Q3 sales rose 11.3 percent to $237.7 million.Sun Pharma's Oct-Dec earnings will beat estimates on account of Taro's performance - traders.Sun Pharma to announce quarterly earnings on Saturday - BSE.

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