Sensex rebounds 187 points, ends above 34k

October 24, 2018 16:20

Buoyed by easing crude oil prices and a recovery in the rupee, the BSE Sensex on Wednesday recaptured the 34,000-mark by jumping 187 points after four sessions of losses as global markets bounced back. The broader Nifty, after struggling, also managed to end above the 10,200-level.

The rupee strengthened 42 paise to 73.15 (intra-day) against the US dollar in the forex market. The Sensex swung nearly 575 points during the session on heavy buying and selling by participants.

After opening on a strong footing, the Sensex quickly reclaimed the 34,000-mark to scale the session's high of 34,300.97 in early hours of trade, largely supported by easing crude prices and recovery in the rupee amid positive Asian cues. -- PTI

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