Stock Market Today: Sensex recovers 365 points, Bank Nifty rebounds 331 points, Nifty up 93 points from intraday lows

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.

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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.