Markets rebound sharply, Sensex closes 259 points higher, Nifty above 14,550
April 15, 2021
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The market breadth was in favour of decliners as midcap and smallcap stocks suffered in today s trade.
Benchmark indices turned around sharply on Thursday in the closing hours to end in the green, led by a sharp recovery in IT and financials stocks even as pharma stocks remained firm throughout the day.
Benchmark indices mainly remained lower amid negative global cues and concerns over the increasing number of Covid-19 cases, forcing several States, including Maharashtra, to adopt harsher restrictions.
The BSE Sensex closed near the day s high of 48,887.85 at 48,803.68, up 259.62 or 0.53 per cent. It recovered from an intraday low of 48,010.55. The Nifty 50 also closed above the physiological mark of 14,500 at 14,581.45, up 76.65 points or 0.53 per cent. It hit an intraday high of 14,597.55 and a low of 14,353.20.