Markets recover, Sensex closes 150 points up

Despite severe volatility, the Indian equity markets made gains during the days trade, with a benchmark index closing 149.57 points or 0.58 percent up on Monday.

Both the bellwether indices of the Indian equity markets, which had opened lower in sync with their Asian peers, recovered through the day's trade. However, investor participation was limited due to choppy trade conditions.

The benchmark 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) gained 149.57 points or 0.58 percent and closed at 25,760.10 points.

Furthermore, the wider 50-scrip Nifty of the National Stock Exchange (NSE) made modest gains during the day's trade. It closed higher by 44.35 points or 0.57 percent at 7,806.60 points.

The 30-share Sensex, which opened at 25,580.15 points, against the previous close at 25,610.53 points.

It touched a high of 25,866.42 points and a low of 25,451.42 during the intra-day trade.