Mumbai, May 13 (IANS): A day after it fell 630 points on the back of tax issues on foreign investors, a benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), provisionally closed 374 points or 1.39 percent up on Tuesday.

However, the Sensex had a choppy session on Tuesday as it dipped into the negative zone around noon after gaining more than 300 points during the morning session.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also provisionally closed the day's trade by making gains. It was higher by 108.50 points or 1.34 percent at 8,235.45 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 27,023.71 points, closed the day's trade at 27,251.10 points (at 3.30 p.m.), up 373.62 points or 1.39 percent from the previous day's close at 26,877.48 points.

The Sensex touched a high of 27,299.80 points and a low of 26,750.01 points in the intra-day trade.

The barometer index had closed Tuesday's trade down 630 points or more than two percent, due to heavy selling by foreign investors on the back of the minimum alternate tax (MAT) dispute, free-falling rupee value and disappointing fourth quarter results.

The Nifty of the NSE had also closed Tuesday's trade deep in the red. It closed 198.30 points or 2.38 percent down at 8,126.95 points.