The Sensex at the Bombay Stock Exchange rose 74 points, or 0.4 per cent, to 19,319 in early trade, today, on fresh buying by investors, ahead of the Reserve Bank's mid-quarter monetary policy review. Later, after the RBI left key policy rates and the Cash Reserve Ratio unchanged, the Sensex dipped briefly, but then rebounded strongly, and stood 91 points, or 0.5 per cent in positive territory, at 19,335, in afternoon deals, a short while ago.Stock markets in Japan, China, Taiwan, Singapore and South Korea had gained between 0.2 percent and 1 percent, today, on signs of progress on the US fiscal cliff. The US Dow Jones Industrial Average had ended 0.8 per cent higher, yesterday.The rupee trimmed its initial gains against the American currency but was still quoted up by 9 paise to 54 rupees 76 paise per dollar in the late morning trade on mild selling of dollars by banks and exporters ahead of the Reserve Bank's mid-quarter monetary policy review meeting. Earlier the rupee resumed higher at 54 rupees 72 per dollar as against the last closing level of 54.85 per dollar on selling of dollars by banks in view of persistent foreign capital inflows into equity market. However, it trimmed its initial gains and was quoted at 54 rupees 76 paise on renewed dollar demand from banks on the back of higher dollar in overseas market.