Mumbai, August 18: The Bombay Stock Exchange benchmark Sensex today surged over 250 points after the market dropped 4.07 per cent yesterday.
The Sensex, which had lost 626.71 in yesterday’s trading, bounced back to end with a gain of 250.34 points at 15,035.26.
The key index touched the day’s high of 15,134.51 and a low of 14,740.26 as trading remained choppy because of funds and general investors adjusting their portfolios.
Similarly, the 50-share National Stock Exchange index Nifty rose 71 points at 4,458.90, after rising to 4,491.45 and touching the day’s low of 4,372.65.
Recovery in Asian as well as European stocks this afternoon further boosted trading sentiment following reports of a hike in new house sales data in the US and rising hopes of stability in the weakening global economies.
–PTI