Markets snap three-day losing streak; banking stocks lead

Snapping three-session long losing spree, the benchmark indices settled higher on Tuesday as recent decliners such as IT stocks recovered, but overall sentiment was cautious ahead of the start of the earnings season and as globally geopolitical tensions grew in Middle East and the Korean Peninsula. 

The S&P BSE Sensex ended at 29,788, up 213 points, while the broader Nifty50 closed at 9,237, up 55 points. 

In the broader market, the S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively. 

The breadth, indicating the overall health of the market, was positive. On BSE, 1,719 shares