Better late recovery than never! Sensex, Nifty gain

Sensex ended with a gain of 131 points at 24,628. The Sensex opened at 24,537 touched an intra-day high of 24,706 and low of 24,355. The NSE Nifty closed with a gain of 38 points at 7,499. The Nifty opened at 7,457 hitting a high of 7,508 and low of 7,405.The Indian equity market managed to close with some gains on Wednesday amid a sudden bout of buying at  the fag end. The Nifty was just shy off the 7500 mark. Markets had opened on a flat note and lost further ground imitating overnight losses in the US and the Asian markets. However, it was short-lived as indices made a swift comeback led by the banking, IT, FMCG and healthcare stocks. On the other hand, metals, consumer durables and telecom stocks were among the major losers. Even the mid-cap and the small-cap stocks were under pressure.
TOP GAINERS: ICICI Bank, Kotak Mahindra Bank, ITC, Cipla, Infosys, Axis Bank and Tech Mahindra

TOP LOSERS: Hindalco, Vedanta, Asian Paints, Sun Pharmaceuticals, Yes Bank, Cairn India, Idea Cellular