REUTERS - The NSE Nifty rose on Wednesday, recovering from earlier falls of as much as 1.2 percent, as battered lenders such as State Bank of India recovered on value buying, while sentiment was also bolstered after European markets rallied.
Oil, seen these days as a barometer of broader market sentiment, steadied in early European trading.
The NSE rose 0.85 percent to 7,108.45, not far from the session's high of 7,123.70, after earlier falling to as low as 6,960.65.
The benchmark BSE Sensex rose 0.82 percent to close at 23,381.87 after earlier also falling as much as 1.2 percent.
(Reporting by Aastha Agnihotri in Bengaluru; Editing by Anand Basu)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app