The 30-share index recovered over 600 points in intra-day deals after opening 1227 points lower.
Analysts said the Indian stock market is also showing some correction
All that happened in the markets today
Adhia said the decline in the key stock indices is primarily due to global market meltdown over last few days and not due to the imposition of LTCG
As many as 89 stocks from the smallcap index hit their respective 52-week lows today.
Finance Secretary Hasmukh Adhia said he will discuss the issue of fall in local markets with Finance Minister Arun Jaitley
On BSE, 2,221 stocks declined, while 169 advanced and 83 remained unchanged
Total investor wealth, measured in terms of cumulative market value of all listed stocks on BSE, fell by Rs 10 trillion in past three trading sessions to Rs 143 trillion at 11:07 AM;
Astra Microwave, Castrol India, Cummins India, Exide Ind, Godfrey Phillips and India Cements are among 46 stocks from the S&P BSE500 index hitting their respective 52-week lows on BSE.
The rout came after US stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session
The bank may toughen its warning against inflation, lying on the ground for a hike in 2018 after prices accelerated at the fastest pace in the last 17 months
The stock moved higher by 2.7% to Rs 345, bouncing back 5% from its intra-day low of Rs 328 touched on BSE in early morning trade
The rout came after U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
US. stocks saw their biggest one-day fall in six years on Monday, as investor profit taking brought the market back down from record highs seen in late January
Sensex drops below 35,000 after 1,150-point steepest two-day sell-off since November 2016
Japan bore the brunt of the declines, with Nikkei 225 Stock Average erasing this year's gain
The Union Budget 2018 proposes to levy a 10% LTCG tax on gains above Rs 100,000 from selling securities
But ongoing correction could play spoilsport
The rupee has given back all its 2018 gains post budget announcements