Sensex recovers over 700 pts; Nifty above 24,700; what's keeping markets on edge?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The BSE Sensex recovered over 700 points from its intraday low on October 28.
- ✓At 1:20 pm, the Sensex traded at 73,313.29, down 285.38 points.
- ✓While IT and oil stocks fell, gains in auto and banking sectors supported the market.
Story at a Glance
- Category
- MARKET
- Reported By
- Zee Business
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Among the Sensex and Nifty stocks, Larsen & Toubro (L&T) was the top gainer, rising 4.01 per cent to Rs 3,812.10. Image: Canva
Stock Market Update: The Indian stock market is trying to recover from the day's lows, but both benchmark indices are still trading below their previous closing levels. Selling in IT and oil stocks is weighing on the market, while gains in auto, banking, media and pharma stocks are supporting the recovery.
At 1:20 pm on October 28, the BSE Sensex was trading at 73,313.29, down 285.38 points, or 0.39 per cent. It had fallen to an intraday low of 72,603.57 before recovering. The Nifty 50 was trading at 22,709.45, down 40.25 points, or 0.18 per cent. It had recovered from its intraday low of 22,497.70.
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