Sensex soars 1,000 points in early trade amid US recession concerns
4 months, 2 weeks ago

Sensex soars 1,000 points in early trade amid US recession concerns

India TV News  

In a significant recovery, the stock markets rebounded strongly in early trade on Wednesday. Global market influence Asian markets traded positively, with Seoul, Tokyo, Shanghai, and Hong Kong showing significant gains. Market analysis "After the twin jolts from US recession fears and the unwinding of the Yen carry trade, stock markets globally are slowly limping back to stability. FIIs and DIIs activity Foreign Institutional Investors offloaded equities worth Rs 3,531.24 crore on Tuesday, according to exchange data. Previous session recap On Tuesday, the BSE benchmark settled at 78,593.07, down 166.33 points or 0.21 per cent, marking its third straight day of decline.

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