Sensex makes dramatic recovery, but banks bleed

The BSE Sensex bounced back into the green, recovering over 200 points from the day's low, tracking strong gains in Bharti Airtel and HCL Tech, both of which beat Street estimates in the June quarter. The broader Nifty traded near the 5,750 levels and the Indian rupee also pulled back below the 61 mark to the dollar. The Sensex traded 19 points higher at 19,368, while the Nifty was down 15 points at 5,740 as of 2.30 p.m. Bhar...