Indian equity markets snapped a two-week downtrend as the Nifty rose 105 points and Sensex rose 370 points. Diesel and LPG prices were hiked, which may impact inflation. Global markets were mixed, with U.S. and European markets ending lower due to concerns over Greece's debt crisis and austerity measures. Nifty technical analysis showed support at 5,300 and resistance at 5,620.