MUMBAI: The benchmark BSE Sensex rebounded by 57 points in late morning trade on fresh buying in capital goods, healthcare, refinery, power and auto stocks.

Key benchmark indices had edged lower in early trade due to sustained selling in consumer durable, IT, FMCG, teck and banking shares amid tracking weakness in Asian markets and overnight slide at the Wall Street.

The market breadth indicating the overall health of the market was positive.

The Sensex resumed lower at 27,660.22 and traded in a range of 27,800.33 and 27,635.76 before quoting 27,786.39 at 1030 hrs, a rise of 56.72 points or 0.20 per cent.

The 50-share Nifty also moved up by 6.85 points 0.08 per cent to 8,367.70 at 1030 hrs.

Major gainers were, HDFC up by 1.50 per cent, Vedanta by 1.05 per cent and Bharti Airtel by 1.04 per cent.

However, M&M fell 1.39 per cent, followed by Cipla 1.28 per cent, ONGC 0.85 per cent, ITC 0.85 per cent and ICICI bank by 0.76 per cent.

Meanwhile, foreign investors bought shares worth Rs 92.57 crore yesterday, as per provisional data.

The Indian stocks may remain volatile today as traders roll over positions in the futures and options (F&O) segment from the near month series to July 2015 series.

In overseas stock markets, Asian stocks edged lower in early trade, tracking a negative lead from Wall Street after negotiations between Greece and its creditors hit a stalemate overnight.

Key indices in Japan, Hong Kong, Singapore, South Korea and Indonesia were off 0.04 to 0.44 per cent. Indices in China and Taiwan were up 0.43 to 0.85 per cent.

In New York market, the U.S. stocks closed lower yesterday. The rupee dropped 3 paise at 63.62 against dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.

Forex dealers said fresh demand for the dollar from importers also weighed on the local currency.

Besides, a lower opening of the domestic equity market put pressure on the rupee, they said.

Yesterday, the rupee had lost one paise to end almost flat at 63.59 against the U.S. dollar due to uneven demand and supply of the American currency from banks.

Meanwhile, the benchmark BSE Sensex fell 93.91 points or 0.33 per cent at 27,635.76 in early trade today.