Indian stock indices start week with recovery after cautious start
Jammu, May 2 -- The domestic stock indices started the day's trade on a muted tone but recovered quickly and climbed into positive territory on Thursday. The 30-share BSE Sensex opened 91 points lower at 74,391 but gained strength through the day and was up over 200 points to close at 74,688. Similarly, the 50-stock NSE Nifty started 37 points down at 22,568 but recovered well to end 57 points higher at 22,662.
Several blue-chip stocks supported the recovery in the markets. Power Grid, M&M, Asian Paints, Tata Steel and Sun Pharma led the gains for the Sensex while Maruti, Kotak Bank, Wipro and Titan were among the laggards. The positive momentum was boosted by a strong collection figure for the Goods and Services Tax in April, indicating...
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