The BSE benchmark Sensex recovered over 150 points from the low of 16,213.18. It was supported by heavyweights like TCS, Bharti Airtel, Infosys, BHEL and L&T. The 30-share BSE Sensex was trading at 16,404, up 62 points and the 50-share NSE Nifty was trading 23 points up at 4,923.
TCS and Bajaj Auto were top gainers rising over 4%. Bharti Airtel, Infosys, L&T, DLF and BHEL rallied 1.5-2.5%. SBI and HDFC Bank rebounded with modest gain. Even Reliance Industries too showed some recovery from day's low.
However, selling in counters like ONGC, NTPC, ITC, ICICI Bank, Wipro, M&M, Cipla, Tata Motors, HDFC and Maruti Suzuki capped their upside.
Market breadth also improved; about 865 shares advanced as against 472 shares declined on National Stock Exchange.
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