The BSE Sensex on Wednesday bounced back by 390 pts to open at 38,124.94 on fresh buying in Consumer Discretionary Goods and services, Energy, FMCG, Finance and Health Care stocks.
The Nifty of National Stock Exchange too rose by 49.75 pts to 11,203.40.
The Sensex registered intra days high and low at 38,140.07 and 37,904.26 pts respectively.
The Nifty registered intra days high and low at 11,259.55 and 11,194.75 respectively.
The Mid Cap moved up by 0.32 pc and Small Cap by 0.82 pc.
In 30 scrips, 13 advanced while 17 declined.
The gainers were Infosys by 2.22 pc to Rs 1029.60, Reliance industries by 1.71 pc to Rs 2249.05, ITC by 1.64 pc to Rs 177, Asian Paints by 1.62 pc to Rs 1967.20 and HCL Technologies by 1.23 pc to Rs 831.20.
The losers were Tata Steel by 3.42 pc to Rs 361.40, Bharti Airtel by 3.40 pc to Rs 455.05, Powergrid by 1.51 pc to Rs 166.15 and TCS by 1.41 pc to Rs 2488.05.