Sensex Recovers 850 Points From Day's Low, Snaps Two Day Losing Streak

The equity benchmarks staged a strong recovery from intraday lows and snapped their two-day losing streak as late buying in Reliance Industries, HDFC Bank, Bajaj Finance, Hindustan Unilever and Infosys helped negate selling pressure in State Bank of India, Mahindra & Mahindra, NTPC and ONGC. The Sensex recovered over 850 points from the lows of the day and Nifty reclaimed its important psychological level of 15,650 after hitting an i...