Sensex Rebounds Over 500 Points From Day's Lows; Nifty Above 14,450

The domestic stock markets have rebounded from the low point of the day and have turned flat due to gains in select IT and banking shares. At 2:35 pm, the BSE Sensex was trading at 48,457.08, lower by 80 points or 0.17 per cent and the NSE Nifty was at 14,484.55, down 19.80 points or 0.13 per cent. The broader markets are also trading marginally lower, with the BSE Midcap index and BSE Smallcap index losing up to half a per cent each.