3.35 PM: Sensex rebounds 282 points, Nifty ends above 12,850; Midcap, Smallcap outshine

Market Closing: The market rebounded sharply, though could not recoup all its previous day’s losses. The benchmark indices as well as broader markets participated in today’s run up.

The Nifty50 closed at 12,859, up 87.30 points and the BSE Sensex jumped 282.29 points to 43,882.25, driven by banking & financials, FMCG and IT stocks.

The Nifty Midcap index was up 0.85 percent and Smallcap index gained 1.2 percent amid positive market breadth.

News Source: moneycontrol

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