US stocks rose on Tuesday as a good profits from Caterpillar Inc removed some uneasiness about the company's outlook for the current quarter.

The Dow Jones industrial average gained 68 points (0.77%) to 8,916. The Standard & Poor's 500 Index rose three points (0.36%) to 954. The Nasdaq Composite Index added seven points (0.36%) to 1,916 which was the closing high for the year.

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Patni Computers was down 2% at $11.97 and Wipro was marginally down 1% at  $13.48.

HDFC Bank and Dr Reddys were the other marginal losers.

On the other hand, MTNL added 4% to $4 and Sterlite was up 1% at $12.1

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction

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