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Sensex, Nifty crash in morning but recovery after some time - What led to bounce back in markets?

Domestic stocks rebounded on September 11, recovering losses as global crude prices fell. The Nifty gained 0.71% from lows but closed 0.18% down, while the Sensex fell 0.14%. Buying in auto and financial stocks supported the market amidst…

Sensex, Nifty crash in morning but recovery after some time - What led to bounce back in markets?

Domestic stocks rebounded on September 11, recovering losses as global crude prices fell. The Nifty gained 0.71% from lows but closed 0.18% down, while the Sensex fell 0.14%. Buying in auto and financial stocks supported the market amidst concerns over elevated crude prices and investor sentiment.

Auto stocks provided much-needed support to the market recovery, with the Nifty Auto index rebounding nearly 1% from its intraday lows as crude oil prices declined.
Auto stocks provided much-needed support to the market recovery, with the Nifty Auto index rebounding nearly 1% from its intraday lows as crude oil prices declined.(AI generated image for representational purposes only)
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Reported by A Ksheerasagar · Syndicated via official news feed

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