Sensex rebounds, gains 308 pts to hold hefty gains

The Bombay Stock Exchange benchmark recovered sharply by gaining over 308 points in early trade on Thursday on emergence of buying at lower levels triggered by an attractive industrial data and firming global trend.

The Bombay Stock Exchange benchmark recovered sharply by gaining over 308 points in early trade on Thursday on emergence of buying at lower levels triggered by an attractive industrial data and firming global trend.

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The Sensex which had lost 54.43 points in previous day’s trading, surged by 308.08 points at 15,328.24 points in first ten minutes of trading.

Similarly, wide-based national stock exchange index Nifty shot up 91.65 points at 4549.15 points at the same time. Marketmen said a better-than-expected industrial data released yesterday, mainly influenced the trading sentiment.

They said a better trend in Asia and as well as US stock markets further boosted the trend.