After morning mayhem, the stock market has regained most of its losses in a dramatic turnaround.
The benchmark index of the Bombay Stock Market (BSE), Sensex has gone up 143 points to reach 32,921.85. Indian market hit the lower circuit for the first time in 12 years after the 2008 crisis on Monday morning. In the early hours of trade on Monday, the Sensex had dropped by 2,900 points. At one point of time, even the market stopped trading for a while. But after resumed the trading, the market slowly made a turnaround.
The broader benchmark index of the National Stock Exchange(NSE), Nifty has reached back to 9,600 level, gaining 38 points.
About 524 shares have advanced, 1283 shares declined, and 91 shares are unchanged.
Top gainers include SBI up by 6.37 percent to Rs.226.15, Sun Pharma up by 6.95 per cent to Rs.379, HDFC rises by 4.61 percent to Rs.1,962, Bharti infratel up by 5.67 percent to Rs.233.85 and Cipla gains 4.19 percent to Rs.411.
Top losers were UPL down by 9.34 percent to Rs.402, Nestle down by 6.57 percent to Rs.14,542, Asian Paints down by 5.33 percent to Rs.1,745, Tech Mahindra down by 3.99 percent to Rs.623.