Sensex stages smart recovery, reclaims 26K-mark

The benchmark BSE Sensex recovered over 100 points to reclaim the 26,000-level in early trade Wednesday.

Zee Media Bureau

The benchmark BSE Sensex recovered over 100 points to reclaim the 26,000-level in early trade Wednesday.

Early in opening trade, the 30-share barometer had plunged 312.59 points or 1.20 percent to 25,719.79.

Also Read- Rupee weakens 18 paise to 66.28 Vs USD

The index had risen by 290.82 points in yesterday's highly volatile trade after the government said it's considering reconvening a special session of Parliament for passage of the stalled GST bill.

Among Asian markets, Shanghai composite was quoting 0.80 percent higher after China cut interest rates in a bid to shore up confidence in the world's number two economy and end a stock market slump.

Also Read- Asian shares wobble after China rate cut

Hong Kong's Hang Seng was down by 0.36 per cent, while Japan's Nikkei up by 0.40 percent in early trade today.

The Dow Jones Industrial Average ended 1.29 percent lower in yesterday's trade after staying in the positive zone for much of the day.

With Agency Inputs

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