HAPPY INDEPENDENCE DAY
The market staged a sharp recovery on Wednesday after posting the worst
day of August in the previous session after Washington delayed tariffs on some
Chinese imports, bringing some relief to global markets rattled by a bruising
trade conflict. The Sensex surged as much as 515 points and the Nifty briefly
surpassed 11050 led by gains in metal, energy and banking shares. Hopes of a
stimulus package from the government to revive the economy also boosted the
investor sentiment, according to analysts. The Sensex ended 353 points higher
at 37312 and Nifty climbed 104 points to close at 11029.