The Indian stock market rebounded on Monday, with Sensex and Nifty staging a sharp recovery of nearly 2% from the early losses and snapping a four-day losing streak that wiped off massive sums of investor wealth.
Sensex rose 483 points to close at 73,607, recovering nearly 1,100 points after hitting the day’s low at 72,515. Nifty’s meanwhile gained over 153 points to close at 22,753, after having dropped below 22,400 earlier in the day.
