After a prolonged downturn lasting five consecutive sessions, equity benchmark indices Sensex and Nifty witnessed a rebound in early trade on Tuesday, buoyed by value buying at lower levels.

The 30-share BSE Sensex climbed 117.57 points to reach 74,571.98 in initial trade, while the NSE Nifty advanced by 31.3 points to 22,584.65. As trading progressed, the Sensex further surged 272.39 points, reaching 74,725.89, and the Nifty moved up by 47.45 points to 22,600.80.