Sensex Recovers on Buying in Banking Stocks

The 30-share Sensex recovered in the afternoon deals on the back of buying in banking, IT and pharma stocks. The Nifty was trading above its crucial psychological level of 8,250 led by gains in blue-chip stocks like ICICI Bank, Axis Bank and Sun Pharma. The IT stocks which were trading on a weak note also showcased a smart recovery and were trading on a positive note. The CNX IT index was up 0.7 per cent. The Indian benchmark indi...