Markets back in green, Sensex soars 490 points (Second Lead)June 9th, 2009 - 5:27 pm ICT by IANS
Mumbai, June 9 (IANS) Indian equities markets rallied Tuesday, with a key index shutting shop 490 points above its last closing figure.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, closed at 15,156.33 points, 490.41 points (provisional) or 3.34 percent higher than Monday’s close.
It had opened at 14,618.98 points and soon plunged to a low of 14,526.69, but started recovering in the late morning session.
The Sensex had dropped 438 points Monday, the third biggest fall of the year, to end below the 15,000-mark.
Like the Sensex, the S&P CNX Nifty of the National Stock Exchange (NSE) ended in the green, gaining 2.92 percent from its last close to stand at 4,559.1 points.
The broader market indices were also in the positive terrain, with the BSE midcap index ruling 3.4 percent higher, and the BSE smallcap index up 1.79 percent.