Sensex Recovers 850 Points From Day’s Low, Snaps Two Day Losing Streak

The equity benchmarks staged a strong recovery from intraday lows and snapped their two-day losing streak as late buying in Reliance Industries, HDFC Bank, Bajaj Finance, Hindustan Unilever and Infosys helped negate selling pressure in State Bank of India, Mahindra & Mahindra, NTPC and ONGC. The Sensex…

Sensex, Nifty off Record Highs; Banking Shares Decline, IT Stocks Gain

The Indian equity benchmarks came off record highs hit earlier in the session as banking, financial services and capital goods shares came under selling pressure. However, buying in information technology shares capped the downside for the benchmarks. Earlier in the session, Sensex rose as much as 341 points to hit…