MARKET SUMMARY
The BSE Sensex rose 228.51 points or 1.52% today as investors hunted bargains on hopes poor rainfall would not hurt company earnings as much as expected and also gains in Chinese stocks underpinned sentiment. Stocks rallied in second half of the day's trading session after a subdued start. Intraday volatility was high. The market slipped in early trade on weak Asian stocks. A sustained recovery from lower level was witnessed later. The market moved between the positive and negative zone in mid-morning trade. The market surged in afternoon trade as the intraday recovery gathered strength with European stocks nudging higher in early trade.
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