After five days of consolidation, Indian shares rebounded sharply on Tuesday as rate cut hopes gathered steam and firm Asian cues lifted investor sentiment. The rupee rose in opening deals on Tuesday as rising fund flows into debt and higher regional equities boosted sentiment.

The Japanese stock market opened on a firm note on Tuesday with investors, back from a long weekend, indulging in some brisk buying amid hopes of a strong U.S. economic recovery. Bargain hunting after two sessions of losses too contributed to the positive start. However, with the yen’s surge against the euro hurting sentiment to [...]