Stock Markets Recover Early Losses on SBI and Reliance Buying
On Monday, India's benchmark indices Sensex and Nifty trimmed most of their sharp early losses due to buying in State Bank of India and Reliance Industries, along with fresh foreign fund inflows. The Sensex initially dropped 470.50 points but later recovered to close 46.49 points lower at 74,682.78. Nifty fell 147.10 points early but ended just 14.55 points lower at 23,131.60. Axis Bank and HDFC Bank declined despite positive earnings reports.
Hindu Business··Mumbai




