MUMBAI: Poor macro economic data failed to impact negatively as the Bombay Stock Exchange (BSE) benchmark sensex on Tuesday snapped its long 8-session of losing string and bounced back by over100.47 points to close at 19,561.04. Strong buying from Foreign Institutional Investors (FIIs) helped upward journey.
Despite recovery in sensex, the broader market was still under pressure as second-line stocks were at the receiving end with their indices, BSE-Midcap and BSE-Smallcap, falling by 0.31 per cent and 0.51 per cent, underperforming the sensex.
The Bombay Stock Exchange 30-share barometer resumed better but fell back to a low of 19,438.53 after the news of fall in industrial output data and rise in retail inflation filtered in.
Press Trust of India