India, May 15 -- After a weak start and a subsequent drop to lower levels, Indian stocks recovered well Thursday morning, lifting the benchmark indices Sensex and the Nifty50 well above the flat line.
Despite the U.S.-China trade deal, there is still some uncertainty over the Trump Administration's tariff moves against some of its major trading partners. Also, investors are awaiting more economic data for clear signals about the market's near term prospects.
The BSE benchmark Sensex, which dropped to a low of 80,762.16, losing nearly 700 points in the process, rallied to 81,705.54 before easing to 81,447.47, still netting a gain of 116.91 points or 0.14%.
The National Stock Exchange's Nifty50 is up 57.25 points or 0.23% at 24,724.15. The...