By Bharath Rajeswaran (Reuters) -Indian shares closed higher for a third straight session on Tuesday, led by HDFC Bank and Reliance Industries due to cheaper valuations after the benchmarks slipped into correction territory recently.

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The Nifty50 chart is showing early signs of a potential reversal, and when we connect the dots with large-cap stocks like Reliance and HDFC Bank, the outlook becomes even more intriguing.

By Bharath Rajeswaran (Reuters) -Indian shares rose on Tuesday led by HDFC Bank and Reliance Industries, the two heaviest-weighted stocks on the Nifty 50, with analysts attributing the rise to cheaper valuations after the benchmarks slipped into correction territory recently.

HDFC Bank shares rose 2% in early trade to touch a day high of Rs 1,837. At 1:34 pm, the stock was trading 1.25% higher at Rs 1,827.10.