Zee Media Bureau
The benchmark BSE Sensex zoomed by 330 points Tuesday on a late surge as investors indulged in buying blue-chip stocks at prevailing levels.
The BSE 30-share barometer resumed lower on sustained selling and touched a low of 25,104.50.
It, however, staged a strong comeback on value-based buying in heavy weight stocks to close 331 points, higher at 25,523.95.
All sectoral indices led by oil and gas, PSUs, banking, capital goods and power were back in positive territory with a gains up to 2.32 percent.
The 30-share Sensex had lost 385.73 points in the previous two sessions.
Brokers said emergence of buying by funds in stocks that had recently recorded losess and a higher opening in the European markets reversed an early downward trend.
Besides, a strong recovery in the rupee which rebounded from six-week low of Rs 60.51 to Rs 59.95 in late afternoon trade also helped trading sentiments to improve.
Similarly, the National Stock Exchange index Nifty recovered by 98.15 points to 7,632.00 after dipping to 7,509.25 in early trade.
With agency inputs
