Sensex, Nifty Rebound From Day's Lows, Nifty Bank Index Soars 3%

The benchmark indices have rebounded from the lows of the day on the back of a stellar rally in ICICI Bank and gains in other banking shares. As of 10:03 am, the Sensex has recouped more than 500 points from the lows of the day and was trading at 61,074.50, higher by 240 points or 0.40 per cent and the Nifty was at 18,166.75, up 50.50 points or 0.29 per cent. The Nifty Bank has zoomed more than 3 per cent to surpass the 41,400 mark.