Despite huge early losses, Indian equities markets Thursday staged a smart recovery to close with gains on strong buying by domestic institutions following assurance of adequate liquidity by the Indian finance minister and positive global cues

1. Markets up after Chidambaram assurance, strong global cues
Despite huge early losses, Indian equities markets Thursday staged a smart recovery to close with
gains on strong buying by domestic institutions following assurance of adequate liquidity by the
Indian finance minister and positive global cues.
Despite huge early losses, Indian equities markets Thursday staged a smart recovery to close with
gains on strong buying by domestic institutions following assurance of adequate liquidity by the
Indian finance minister and positive global cues.
The 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed at
13,315.60, gaining 52.70 points or 0.40 percent over its previous close of 13,262.90 Wednesday
after opening Thursday with a crash of more than 700 points.
The broader based 50-share S and amp;P Nifty of the NSE also ended the day with a gain closing
at 4038.15, up 29.9 points or 0.75 percent against its previous close at 4,008.25 Wednesday.
It