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Equity indices recover on European cues; realty stocks rise
TIWN
Equity indices recover on European cues; realty stocks rise
PHOTO : TIWN

Mumbai, Oct 26 (TIWN) India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- rebounded during Tuesday's mid-afternoon trade session as healthy buying was witnessed in realty sector.

Nevertheless, the key indices have witnessed a recovery.   

Globally, Asian markets dipped from opening levels as fresh worries about China's property sector weighed on investors' sentiments post a good opening following gains on the wall street.     

Besides, European stock markets climbed higher.     On the domestic front, volumes were in line with recent averages.     All sectors traded in the green with Realty and Consumer Durables gaining the most.    Consequently, the 30-scrip Sensex closed at 61,295.97 points, up 328.92 points, or 0.54 per cent.    Similarly, the NSE Nifty50 ended the day's trade higher. It rose to 18,243.65, up 118.25 points, or 0.65 per cent.    "Nifty after some intra day volatility may end up in the positive," said Deepak Jasani, Head of Retail Research, HDFC Securities.

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