Sensex recovers 100 pts on value buying; aut..
(12-Feb-16 02:51 Hrs IST)
The Indian equities rebounded strongly in the final hour of day’s trade as a four-day plunge paves the way for value buying, by investors and speculators, in the local bourses, at existing levels. The MIDCAP and SMLCAP indices also recovered from early losses, albeit continued to trade in the negative terrain as undertone remained cautious.
At 2:40 PM, the 30-share Sensex was at 23056.63, up by 104.8 points, or by 0.46 per cent, and the NSE Nifty was trading at 6984.1, up by 7.75 points, or by 0.11 per cent.
The disappointing Q..