Stock market crash: The recovery follows a steep fall at the open, when the Sensex had plunged over 1,600 points and the Nifty slipped below key levels in early trade, reflecting a weak start to the week.
Domestic equity markets recovered sharply from early losses on Monday, with benchmark indices trimming a significant part of their declines as the session progressed.
As of 12:22 pm, the Sensex was down 861.61 points, or 1.11%, at 76,688.64, while the Nifty declined 253.50 points, or 1.05%, to 23,797.10.
The recovery follows a steep fall at the open, when the Sensex had plunged over 1,600 points and the Nifty slipped below key levels in early trade, reflecting a weak start to the week.