Markets Bounce Back After Falling in Early Trade

Mumbai: Equity benchmark indices declined in initial trade on Thursday but soon bounced back to trade in the positive territory amid strong GDP data, continuous foreign fund inflows and a largely optimistic trend in Asian markets.

The 30-share BSE Sensex declined 77.28 points to 62,544.96 in early trade even after a positive beginning. The NSE Nifty dipped 15.35 points to 18,519.05.

However, later both the benchmark indices bounced back and were trading in the green.