Updated from 5:39 p.m. EDTInvestors in India continue to experience extremes in volatility after the Sensitive Index rebounded Tuesday from earlier losses to snap a four-day losing streak. The Sensex mounted a comeback after falling as much as 185 points in the morning to close up almost 200 points. "To a large extent, negatives factors like inflation and slowdown in corporate growth have been discounted. There are expectations of higher industrial output numbers also. So the combination of these factors proved to be a silver lining," said Hitesh Sheth, head of technical research at Prabhudas Lilladher. The Bombay Stock Exchange's Sensex Index finished higher by 199.43 points, or 1.3%, at 16,123.15. The buying in the Far East found a home on the American exchanges with some of the largest gains seen in the Indian closed-end management and exchange-traded funds, which had all experienced heavy selling pressure the previous day. Today, the Wisdomtree Trust ( EPI) traded up 9.9% to $24.38; The India Fund ( IFN) finished up 16.4% to $46.19; and Morgan Stanley India Investment Fund ( IIF) advanced 13.6% to $39.15. Indian global information technology firm Wipro ( WIT) finished 5.8% higher at $10.88. Credit Suisse reinitiated coverage of the stock with a neutral rating. Analyst B Sing said in research note to clients, "the company might face some challenges going forward on account of a weak macro environment. Wipro expects its sequential revenue growth to remain weak over the forthcoming one-to-two quarters. Over the last three weeks, the company has witnessed a rise in the frequency of project cancellations and delays." Wipro also announced plans to add to its staff in China by creating 1,800 new positions in the next three years, according to Crippssears.com. Indian automaker Tata Motors ( TTM) said it plans to raise as much as 40 billion rupees ($1 billion) through the issuance of long-term securities in order. The offering will be used to help finance its planned purchase of luxury car brands Jaguar and Land Rover and to build the Nano car, according to Bloomberg. ADR shares of Tata Motors climbed 4% higher to $16.62. Some leading Indian ADRs Tuesday were Tata Communications ( TCL), trading up 12% to $24.80; HDFC Bank ( HDB), ripping 12.6% to $105.10; and Sterlite Industries India ( SLT), finishing up 6.6% at $19.72. Be sure to check out the Far East Portfolio at Stockpickr.com every night to find out which stocks in India and China are making big moves and announcing major news.