MUMBAI: Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.
The Sensex recovered sharply from its intra-day low of 80, 387.25. It jumped as much as 1, 345 points to touch a high of 81, 732 before closing at 81, 666. The index ended the day up 944 points, or 1.17 per cent.
Similarly, the Nifty moved in a wide range during the day. After hitting a low of 24, 679, the index climbed to 25, 108 and finally settled at 25, 088, gaining 263 points or 1.06 per cent.