The Indian stock market witnessed partial recoveries in key indices after hitting their intraday lows earlier today. Here’s a snapshot of the recovery seen in Sensex, Nifty, and Bank Nifty:

  1. Sensex:
    • Opened at 76,629.90 and touched an intraday low of 76,535.24.
    • Current level: 76,900.60, recovering 365.36 points from the day’s low.
    • Recovery percentage: +0.48% from the low.
  2. Nifty:
    • Opened at 23,195.40 and hit a low of 23,172.70.
    • Current level: 23,265.70, recovering 93.00 points from the day’s low.
    • Recovery percentage: +0.40% from the low.
  3. Bank Nifty:
    • Opened at 48,264.25 and dropped to an intraday low of 48,116.40.
    • Current level: 48,447.30, rebounding 330.90 points from the day’s low.
    • Recovery percentage: +0.69% from the low.

Market Insights:

  • Despite broader market weakness, the indices displayed resilience, staging noticeable recoveries from their respective intraday lows.
  • Banking stocks supported the recovery in Bank Nifty, while large-cap heavyweights contributed to gains in Sensex and Nifty.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are encouraged to perform their own research or consult a professional advisor before making any investment decisions.