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Stock market: Nifty, Sensex show signs of recovery during early trade


Stock market: Nifty, Sensex show signs of recovery during early trade

New Delhi, Aug 25 (ANI): After plummeting sharply during yesterday's trading, the Bombay Stock Exchange (BSE) Sensex on Tuesday gained more than 356 points to touch 26,098 at the opening. According to reports, the NIFTY has also gained close to 100 points during the opening trade.

The BSE Sensex dropped 5.94 percent yesterday, its biggest daily percentage fall since Jan. 7, 2009.

The index fell to as low as 25,624.72 at one point, its lowest intraday level since August 11, 2014. Meanwhile, the Nifty lost 5.92 percent yesterday, also its biggest fall since Jan.

7 2009. It earlier hit a low of 7,769.40: it's lowest since Oct.

17, 2014. The rupee fell to as low as 66.74 per dollar on Monday, it's lowest since September 2013, as Asian markets reeled under fears of a China-led global economic slowdown.

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