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Sensex rebounds from 4-week low on value-buying

The benchmark Sensex closed up 0.77 per cent at 27,890.13, while the broader Nifty rose 0.62 per cent to 8,429.70.

Indulal PM   Mumbai     Last Updated: April 22, 2015  | 16:48 IST
BSE Sensex rebounds from four-week low
Photo: Reuters

The Sensex bounced back from a four-week low on Wednesday, snapping a five-session losing streak as blue-chips such as Sun Pharmaceutical Industries rose on value buying.

The benchmark Sensex closed up 0.77 per cent at 27,890.13, while the broader Nifty rose 0.62 per cent to 8,429.70.

Sun Pharmaceutical Industries closed up 1.64 per cent. The stock fell 8.8 per cent on Tuesday, its worst daily fall in six years.

(Reuters)

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