The Bombay Stock Exchange benchmark Sensex on Thursday recovered from two-year low, gaining 158 points on fresh buying amid the settlement of monthly derivative contracts, easing food inflation and a firm trend in the European markets.
On the similar lines, the broad-based National Stock Exchange index Nifty shot up 50 points to 4,756.45, after touching the day's low of 4,639.10.
Brokers said apart from settlement in the derivatives segment and buying at lower levels that guided the sentiment throughout the day, upsurge was prompted by higher openings in Europe on indications that the euro-zone
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