Among the 50 components in the Nifty index, 29 shares were trading in the green, while 20 were in the red.
Most Asian markets tumbled after British lawmakers rejected Prime Minister May's deal.
CLSA has also cut target price on ICICI Securities to Rs 360 from Rs 380.
The RBI plans to inject liquidity under OMOs for Rs 50,000 crore in January 2019.
Wednesday is likely to see levels of 10,900 and 10,950 acting as immediate resistance area.
The bids were submitted to the committee of creditors led by Deutsche Bank, which will choose the new owner of the company.
NSE Nifty closed 1.39% higher at 10,886.80, its highest closing level since Jan 1.
Tuesday's gains boosted the cumulative m-cap of BSE-listed firms by Rs 1.52 lakh crore.
The Notes carry a coupon of 4.75 per cent per annum payable semi-annually.
Equity mutual fund flows including arbitrage mutual fund schemes was at Rs 4,500 crore.
Expenses remained higher at Rs 59.81 crore, against Rs 50.91 crore in the year-ago period.
Equity Intelligence’s Porinju Veliyath is still a firm believer in smallcap revival in 2019.