Sensex, Nifty rebound sharply after Budget-Day rout
MUMBAI: Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.
The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.
Similarly, the Nifty moved in a wide range during the day. After hitting a low of 24,679, the index climbed to 25,108 and finally settled at 25,088, gaining 263 points or 1.06 per cent.
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